38, Forsyth Road
38, Forsyth Road
Description & Estimates
38, Forsyth Road, Newcastle Upon Tyne is recorded publicly as a period leasehold apartment across 1,367 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 38, Forsyth Road, Newcastle Upon Tyne is £278,091 and its rental estimate is £1,213 per month, given the available information and assuming reasonable condition.
Forsyth Road, Newcastle Upon Tyne, NE2 falls within the NE2 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
38, Forsyth Road, Newcastle Upon Tyne has 31 entries in the Land Registry , most recently in December 2007 and a single entry in the EPC database dated January 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 38, Forsyth Road, Newcastle Upon Tyne, we estimate a market value of £291,996 and a rental value of £1,274 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £258,625 and £1,128 per month respectively.
Recent Market Change
Over the last year, 38, Forsyth Road, Newcastle Upon Tyne has seen its estimated sale value grow by £1,439 (0.5%) and its estimated rental value climb by £29 per month (2.4%). This results in an estimated gross rental yield of 5.2%.
Energy Efficiency
38, Forsyth Road, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jan 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 38, Forsyth Road, Newcastle Upon Tyne completed on 17th December 2007 at £205,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 16.3% over the period since December 2007.
- Sold Dec 2007£205,000
- Sold Jul 2003£185,000
- Sold Dec 1997£52,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 38, Forsyth Road, Newcastle Upon Tyne have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th November 2023, was 58, Fairfield Road, Newcastle Upon Tyne, NE2 3BY, a leasehold flat which sold for £345,000.
Read more about house prices in NE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 92 addresses on Forsyth Road, Newcastle Upon Tyne, NE2, 38, Forsyth Road, Newcastle Upon Tyne comes out as the 8th largest and the 3rd most expensive in our analysis of the public data.
It is also £15k more expensive than the average property across the NE2 district.
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Schools Nearby
- 100mWest Jesmond Primary School
- 1.2kmSouth Gosforth First School
- 1.3kmSt Catherine's Catholic Primary School
- 1.4kmJesmond Park Academy
- 2.1kmSt Mary's Catholic School
- 2.5kmGosforth Academy
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Public Transport Nearby
From 38, Forsyth Road, Newcastle Upon Tyne, the nearest station is Manors, 2.1 kilometres away.
- 2.1kmManors
- 2.6kmNewcastle
- 5.0kmDunston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
