39, FENWICK CLOSE, BACKWORTH, NEWCASTLE UPON TYNE, NE27 0RL - £110,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

39 FENWICK CLOSE is a very small flat of 54m², built sometime between 1996 and 2002, which could now be worth an estimated £120,340. It was last sold for £110,000 in December 2021, which was around 2% above the average December 2021 flat price in the North Tyneside local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was C.

39 FENWICK CLOSE Sold Prices

Land registry data shows three sales for 39 FENWICK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the North Tyneside local authority area for the corresponding sale date. All of the three 39 FENWICK CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 22 DEC	£110,000	£107,529	2% above HPI
2007 3 OCT	£137,950	£103,513	33% above HPI
2005 25 NOV	£129,950	£92,323	41% above HPI

What might 39 FENWICK CLOSE be worth now?

39 FENWICK CLOSE might now be worth an estimated £120,340.

This is based on house price inflation of 9.4%, between December 2021 and May 2026, for flats, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.4% inflationary increase is applied to the most recent sale price for 39 FENWICK CLOSE of £110,000 on 22nd December 2021. For the value to have increased from £110,000 to £120,340 over the five years and seven months to May 2026, the following assumptions must hold true:

• The value of 39 FENWICK CLOSE has moved in line with the HPI for flats in the North Tyneside local authority area.
• The December 2021 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 39 FENWICK CLOSE has not materially changed since December 2021.

How Large is 39 FENWICK CLOSE?

39 FENWICK CLOSE is 54m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% of flats in Backworth, based on EPC data. 10% of flats are smaller than 39 FENWICK CLOSE, and 83% of flats are larger. Note that EPC data is not available for all properties in Backworth.

39 FENWICK CLOSE: Plot

39 FENWICK CLOSE sits on a plot of roughly 0.680 of an acre, or 2,752m².

Where is 39 FENWICK CLOSE?

39 FENWICK CLOSE is located in BACKWORTH, in the NE27 postcode district.