89, Fairspring
89, Fairspring
Description & Estimates
89, Fairspring, Newcastle Upon Tyne is recorded publicly as a mid-century freehold house across 1,022 ft2 of internal area, sitting on a 116 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 89, Fairspring, Newcastle Upon Tyne is £116,600 and its rental estimate is £822 per month, given the available information and assuming reasonable condition.
Fairspring, Newcastle Upon Tyne, NE5 falls within the NE5 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
89, Fairspring, Newcastle Upon Tyne has a single entry in the Land Registry from June 2020 and a single entry in the EPC database dated July 2019.
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 89, Fairspring, Newcastle Upon Tyne, we estimate a market value of £122,430 and a rental value of £863 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £108,438 and £765 per month respectively.
Recent Market Change
Over the last year, 89, Fairspring, Newcastle Upon Tyne has seen its estimated sale value climb by £1,490 (1.3%) and its estimated rental value rise by £28 per month (3.4%). This results in an estimated gross rental yield of 8.5%.
Plot Size
HM Land Registry records the plot of land for 89, Fairspring, Newcastle Upon Tyne as measuring 116 m2.
That makes it the 19th largest plot in the postcode, where 33 of the 43 other houses have recorded plot data.
Energy Efficiency
89, Fairspring, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Jul 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 89, Fairspring, Newcastle Upon Tyne completed on 11th June 2020 at £75,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 53.5% over the period since June 2020.
- Sold Jun 2020£75,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 89, Fairspring, Newcastle Upon Tyne have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th September 2024, was 57, Fenton Walk, Newcastle Upon Tyne, NE5 2RE, a freehold house which sold for £77,000.
Read more about house prices in NE5.
- Sold Sep 2024£77,000 | 3 Bed House57, Fenton Walk, Newcastle Upon Tyne, NE5 2RE57, Fenton Walk, Newcastle Upon Tyne, NE5 2RE
- Sold Jan 2023£97,000 | 3 Bed House69, Fairspring, Newcastle Upon Tyne, NE5 2PY69, Fairspring, Newcastle Upon Tyne, NE5 2PY
- Sold Dec 2021£109,000 | 3 Bed House87, Fairspring, Newcastle Upon Tyne, NE5 2PY87, Fairspring, Newcastle Upon Tyne, NE5 2PY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 89 addresses on Fairspring, Newcastle Upon Tyne, NE5, 89, Fairspring, Newcastle Upon Tyne comes out as the 5th largest and the 41st most expensive in our analysis of the public data.
It is also £43k less expensive than the average property across the NE5 district.
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Schools Nearby
- 200mBeech Hill Primary School
- 600mFarne Primary School
- 800mHilton Primary Academy
- 700mStudio West
- 1.5kmCallerton Academy
- 2.0kmSt Cuthbert's High School
More reading links
Public Transport Nearby
From 89, Fairspring, Newcastle Upon Tyne, the nearest station is Blaydon, 3.6 kilometres away.
- 3.6kmBlaydon
- 4.3kmMetroCentre
- 5.4kmNewcastle
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.
