47 Fairspring, Newcastle Upon Tyne, NE5 2PY is a freehold terraced property built between 1950-1966. The property offers approximately 926 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £103,270 , which equates to approximately £112 per square foot. It was last sold on 12 Jan 2004 for £56,000. Since then, the value has increased by £47,270, representing a 84.4% increase, or approximately 3.8% per year.

The current estimated value of £103,270 is:

  • 13.0% lower than the average property price on Fairspring
  • 9.9% lower than the average in the NE5 2PY postcode area
  • and 61.0% 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 24 May 2017, the property was recorded as owner-occupied.

View sold house prices in NE5 2PY

Building approximate location

About Property

Type
Terraced House
Built
1950-1966
Interior Size
926 sq ft
Tenure
Freehold
Price (estimate)
£103,270
Price Per sq ft (estimate)
£112
Bedroom Count (estimate)
3 bedrooms

EPC Summary

47 Fairspring, Newcastle Upon Tyne, Tyne And Wear, NE5 2PY has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 24 May 2017.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 5 Jul 2014. The rating of E is unchanged, though the energy efficiency score decreased by 5.9%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, 150 mm loft insulation, with no change in energy efficiency (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
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 70% of fixed outlets
Very Good

Compared to NE5 2PY

6 th / 18
Price Rank
10% lower than average
16 th / 18
Size Rank
5% smaller than average
3 rd / 18
Price Per Sq FT Rank
5% lower than average

Compared to other properties in NE5 2PY , this house's estimated value ranks 6th out of 18. Based on price per square foot, it ranks 3rd out of 18 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 16th out of 18 properties in its postcode area.

Sale History

Today
£103,270
streetscan.co.uk estimate
+84 %
12 Jan 2004
£56,000
Leasehold
+80.6 %
29 Jan 2002
£31,000
Leasehold
+3.5 %
23 Dec 1996
£29,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 926 sq ft
sale price: £130,000
sale date: 20 Sep 2024
rooms: 5
size: 969 sq ft
sale price: £97,000
sale date: 31 Jan 2023
rooms: 4
size: 926 sq ft
sale price: £94,884
sale date: 28 Apr 2022
rooms: 5
size: 926 sq ft
sale price: £99,950
sale date: 18 Feb 2022
rooms: 5
size: 1001 sq ft
sale price: £109,000
sale date: 17 Dec 2021

Data Sources

The property at 47 Fairspring, Newcastle Upon Tyne, NE5 2PY appears three times in the Land Registry records, with the latest transaction recorded on 12 Jan 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 May 2017. 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.