7, Fairnley Walk
7, Fairnley Walk
Description & Estimates
7, Fairnley Walk, Newcastle Upon Tyne is described in the public record as a mid-century house with 1,054 ft2 of internal area, sitting on a 150 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 7, Fairnley Walk, Newcastle Upon Tyne is £115,478 and its rental estimate is £807 per month, given the available information and assuming reasonable condition.
Fairnley Walk, Newcastle Upon Tyne, NE5 falls within the NE5 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
7, Fairnley Walk, Newcastle Upon Tyne has no records in the the Land Registry and a single entry in the EPC database dated May 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 7, Fairnley Walk, Newcastle Upon Tyne, we estimate a market value of £121,252 and a rental value of £847 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £107,394 and £750 per month respectively.
Recent Market Change
Over the last year, 7, Fairnley Walk, Newcastle Upon Tyne has seen its estimated sale value increase by £1,475 (1.3%) and its estimated rental value grow by £27 per month (3.4%). This results in an estimated gross rental yield of 8.4%.
Plot Size
HM Land Registry records the plot of land for 7, Fairnley Walk, Newcastle Upon Tyne as measuring 150 m2.
That makes it the 4th largest plot in the postcode, where 10 of the 17 other houses have recorded plot data.
Energy Efficiency
7, Fairnley Walk, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Fairnley Walk, Newcastle Upon Tyne have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th November 2024, was 39, Fenton Walk, Newcastle Upon Tyne, NE5 2RE, a freehold house which sold for £92,500.
Read more about house prices in NE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 17 addresses on Fairnley Walk, Newcastle Upon Tyne, NE5, 7, Fairnley Walk, Newcastle Upon Tyne comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £44k less expensive than the average property across the NE5 district.
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Schools Nearby
- 300mBeech Hill Primary School
- 700mFarne Primary School
- 700mHilton Primary Academy
- 700mStudio West
- 1.7kmCallerton Academy
- 1.9kmSt Cuthbert's High School
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Public Transport Nearby
From 7, Fairnley Walk, Newcastle Upon Tyne, the nearest station is Blaydon, 3.5 kilometres away.
- 3.5kmBlaydon
- 4.2kmMetroCentre
- 5.3kmNewcastle
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
