125 Southway, Newcastle Upon Tyne, NE15 7RD is a freehold terraced property built between 1976-1982. The property offers approximately 807 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £149,600 , which equates to approximately £185 per square foot. It was last sold on 23 Apr 2018 for £110,000. Since then, the value has increased by £39,600, representing a 36.0% increase, or approximately 4.7% per year.

The current estimated value of £149,600 is:

  • 15.2% lower than the average property price on Southway
  • 18.8% lower than the average in the NE15 7RD postcode area
  • and 49.6% lower than the average price for Newcastle Upon Tyne as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 26 March 2016, the property was recorded as owner-occupied.

View sold house prices in NE15 7RD

Building approximate location

About Property

Type
Terraced House
Built
1976-1982
Interior Size
807 sq ft
Tenure
Freehold
Price (estimate)
£149,600
Price Per sq ft (estimate)
£185
Bedroom Count (estimate)
2 bedrooms

EPC Summary

125 Southway, Newcastle Upon Tyne, Tyne And Wear, NE15 7RD has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 26 Mar 2016.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 14 Jun 2013, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 16.1%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from average to good.
  • The lighting was updated from low energy lighting in 11% of fixed outlets to low energy lighting in 70% of fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 70% of fixed outlets
Very Good

Compared to NE15 7RD

24 th / 27
Price Rank
19% lower than average
13 th / 14
Size Rank
15% smaller than average
11 th / 14
Price Per Sq FT Rank
4% lower than average

Compared to other properties in NE15 7RD , this house's estimated value ranks 24th out of 27. Based on price per square foot, it ranks 11th out of 14 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 13th out of 14 properties in its postcode area.

Sale History

Today
£149,600
streetscan.co.uk estimate
+36 %
23 Apr 2018
£110,000
Leasehold
+64.2 %
24 Feb 2017
£67,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 915 sq ft
sale price: £120,000
sale date: 23 Feb 2018
rooms: 4
size: 904 sq ft
sale price: £124,500
sale date: 28 Apr 2014
rooms: 5
size: 915 sq ft
sale price: £152,000
sale date: 6 Jan 2006

Data Sources

The property at 125 Southway, Newcastle Upon Tyne, NE15 7RD appears two times in the Land Registry records, with the latest transaction recorded on 23 Apr 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Mar 2016. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.