48, Homeforth House High Street, Gosforth, Newcastle Upon Tyne, NE3 1LL is a leasehold flat built between 1976-1982. The property offers approximately 624 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £97,933 , which equates to approximately £157 per square foot. It was last sold on 16 Sep 2021 for £85,000. Since then, the value has increased by £12,933, representing a 15.2% increase, or approximately 3.6% per year.

The current estimated value of £97,933 is:

  • 55.4% lower than the average property price on High Street
  • 38.2% higher than the average in the NE3 1LL postcode area
  • and 67.0% 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 17 May 2021, the property was recorded as owner-occupied.

View sold house prices in NE3 1LL

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£97,933
Price Per sq ft (estimate)
£157
Bedroom Count (estimate)
1 bedroom

EPC Summary

48, Homeforth House High Street, Gosforth, Newcastle Upon Tyne, Tyne And Wear, NE3 1LL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 17 May 2021.

This property uses electric storage heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 14 May 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 15.3%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, off-peak to electric instantaneous at point of use, with its energy efficiency changing from average to very poor.
  • The roof construction or insulation changed from pitched, 150mm loft insulation to pitched, 150 mm loft insulation, with no change in energy efficiency (good).
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was changed from low energy lighting in 29% of fixed outlets to low energy lighting in 38% of fixed outlets, with no change in efficiency (average).
Heating Type
Electric storage heaters
Average
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 38% of fixed outlets
Average

Compared to NE3 1LL

15 th / 71
Price Rank
38% higher than average
3 rd / 64
Size Rank
36% bigger than average
45 th / 64
Price Per Sq FT Rank
2% higher than average

Compared to other properties in NE3 1LL , this flat's estimated value ranks 15th out of 71. Based on price per square foot, it ranks 45th out of 64 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 3rd out of 64 properties in its postcode area.

Sale History

Today
£97,933
streetscan.co.uk estimate
+15 %
16 Sep 2021
£85,000
Leasehold
-11.5 %
3 Sep 2012
£96,000
Leasehold
+17.8 %
18 Sep 2009
£81,500
Leasehold
+19 %
25 Nov 2002
£68,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 603 sq ft
sale price: £67,000
sale date: 11 Aug 2023
rooms: 3
size: 614 sq ft
sale price: £78,000
sale date: 31 Aug 2018
rooms: 3
size: 637 sq ft
sale price: £95,000
sale date: 17 Apr 2015
rooms: 3
size: 646 sq ft
sale price: £96,000
sale date: 22 Aug 2012

Data Sources

The property at 48, Homeforth House High Street, Gosforth, Newcastle Upon Tyne, NE3 1LL appears four times in the Land Registry records, with the latest transaction recorded on 16 Sep 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 May 2021. 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.


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