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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 4, Fairway Close, Newcastle Upon Tyne is a mid-century leasehold house with 1,517 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Fairway Close, Newcastle Upon Tyne is £344,243 and the estimated rental value is £1,696 per month.
Fairway Close, Newcastle Upon Tyne, NE3 is located in the borough of Newcastle upon Tyne within the NE3 postal district.
4, Fairway Close, Newcastle Upon Tyne has 2 entries in the Land Registry , most recently in September 2024 and a single entry in the EPC database dated March 2024.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 4, Fairway Close, Newcastle Upon Tyne is in very good condition we estimate a sale value of £361,455 and a rental value of £1,780 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £320,146 and a rental value of £1,577 per month.
Over the past 12 months, the estimated sale value of 4, Fairway Close, Newcastle Upon Tyne has increased by £1,882 (0.5%), while its estimated rental value has grown by £47 per month (2.8%). Based on current estimates, the property offers a gross rental yield of 5.9%.
4, Fairway Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Fairway Close, Newcastle Upon Tyne was last sold on 6th September 2024 for £327,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since September 2024, the market for similar properties has dropped by 13.6%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Fairway Close, Newcastle Upon Tyne within a radius of 750 metres over the last 2 years.
The most recent example is 56, Princes Road, Newcastle Upon Tyne, NE3 5AN, a leasehold house which sold for £320,000 on the 7th June 2024.
Read more about house prices in NE3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairway Close, Newcastle Upon Tyne, NE3 has a total of 14 addresses. According to our analysis of all the public data, 4, Fairway Close, Newcastle Upon Tyne is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £51k more expensive than the average property in NE3.
The closest station to 4, Fairway Close, Newcastle Upon Tyne is Manors station, which is 5.8 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Fairway Close, Newcastle Upon Tyne, 62.5% of property is privately owned outright and 30.0% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 4, Fairway Close, Newcastle Upon Tyne, 13.3% of residents are recorded as possessing school level qualifications and 46.3% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 4, Fairway Close, Newcastle Upon Tyne, the average age was 43.1 and the most common age was 52.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 4, Fairway Close, Newcastle Upon Tyne, 2.9% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 4, Fairway Close, Newcastle Upon Tyne, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
