16 Friars Way, Newcastle Upon Tyne, NE5 2EX is a leasehold terraced property built between 1983-1990. The property offers approximately 689 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 £106,124 , which equates to approximately £154 per square foot. It was last sold on 15 Jun 2022 for £92,000. Since then, the value has increased by £14,124, representing a 15.4% increase, or approximately 4.4% per year.

The current estimated value of £106,124 is:

  • 44.5% lower than the average property price on Friars Way
  • 42.1% lower than the average in the NE5 2EX postcode area
  • and 60.0% 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 19 January 2016, the property was recorded as owner-occupied.

View sold house prices in NE5 2EX

Building approximate location

About Property

Type
Terraced House
Built
1983-1990
Interior Size
689 sq ft
Tenure
Leasehold
Price (estimate)
£106,124
Price Per sq ft (estimate)
£154
Bedroom Count (estimate)
2 bedrooms

EPC Summary

16 Friars Way, Newcastle Upon Tyne, Tyne And Wear, NE5 2EX has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 19 Jan 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 13 Aug 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 12.5%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 300+mm loft insulation to pitched, 250 mm loft insulation, changing energy efficiency from very good to good.
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 70% of fixed outlets to no low energy lighting, with efficiency changing from very good to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to NE5 2EX

24 th / 29
Price Rank
42% lower than average
23 rd / 26
Size Rank
19% smaller than average
21 st / 26
Price Per Sq FT Rank
29% lower than average

Compared to other properties in NE5 2EX , this house's estimated value ranks 24th out of 29. Based on price per square foot, it ranks 21th out of 26 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 23th out of 26 properties in its postcode area.

Sale History

Today
£106,124
streetscan.co.uk estimate
+15 %
15 Jun 2022
£92,000
Leasehold
+15 %
27 Oct 2009
£80,000
Leasehold
+60 %
17 May 2002
£50,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 700 sq ft
sale price: £115,000
sale date: 9 Jul 2024
rooms: 3
size: 614 sq ft
sale price: £110,000
sale date: 4 Jun 2007

Data Sources

The property at 16 Friars Way, Newcastle Upon Tyne, NE5 2EX appears three times in the Land Registry records, with the latest transaction recorded on 15 Jun 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Jan 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.