This property is priced below what the evidence supports.
Here’s why.
Comparable evidence
Where £200,000 sits against 6 real sales.
These are the sales the agent should be comparing to yours.
6 nearby sold comparables in NE3 average about £505,000 and sit roughly 0.4 miles from the listing.
Your suggested opening offer is £199,500 →
87, Ascot Walk, Newcastle Upon Tyne, NE3 2UZ
0.35 miles
4 bed · detached
£228,500
sold Sept 25
£230,826
adjusted to today
£142/sqft est.
32, Glamis Avenue, Newcastle Upon Tyne, NE3 5SX
0.35 miles
4 bed · detached
£735,000
sold Dec 25
£738,722
adjusted to today
£456/sqft est.
2, Mill Rise, South Gosforth, Newcastle Upon Tyne, NE3 1QY
0.35 miles
4 bed · detached
£337,000
sold Dec 25
£338,706
adjusted to today
£209/sqft est.
| Address | Date | Dist. | Beds | Type | Sold | Adj. today | £/sqft |
|---|---|---|---|---|---|---|---|
| 87, Ascot Walk, Newcastle Upon Tyne, NE3 2UZ | Sept 25 | 0.35 miles | 4 | detached | £228,500 | £230,826 | £142/sqft est. |
| 32, Glamis Avenue, Newcastle Upon Tyne, NE3 5SX | Dec 25 | 0.35 miles | 4 | detached | £735,000 | £738,722 | £456/sqft est. |
| 2, Mill Rise, South Gosforth, Newcastle Upon Tyne, NE3 1QY | Dec 25 | 0.35 miles | 4 | detached | £337,000 | £338,706 | £209/sqft est. |
Adjusted values reflect ONS House Price Index correction to March 2026. All data sourced from HM Land Registry Price Paid records.
A household income of about £36,000 buys this house at £199,500, on a 10% deposit of £19,950. Estimated at 5× income; lenders vary.
10% of your offer — change it if yours differs.
What this report says to open at — try your own.
years.
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The areaSchools, crime, broadband, flood risk — the intelligence most reports won’t print.
What the neighbourhood tells you.
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Everything you need for the viewing.
- All 6 comparable addresses with sold prices and dates
- Your offer letter ready to send to the agent
- Vendor position analysis — what they paid and what they stand to make
- Viewing checklist for the day
All 6 comparable addresses
Sold prices and dates
Price per square foot
Adjusted for market movement
Fair value estimate
Estimate range (low–high)
Confidence level
Asking price position vs comparables
ONS HPI adjustment applied
Suggested opening offer
Likely agreement range
Maximum advisable price
Offer letter (ready to send)
Negotiation script
Overpaying cost breakdown
Days on market and price reductions
Flood risk, crime and schools
EPC band and annual running cost
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For the record
The full report detail.
Everything behind the verdict, if you’d like to check our working.
What the listing tells you+
The numbers behind it+
The other 3 comparable sales+
Property & EPC+
The viewing checklist+
- Walk the full boundary and check fence or wall ownership
- Inspect the garage roof separately, it is often neglected
- Check all windows open and close properly, which can indicate subsidence
- Ask for copies of any planning permissions for extensions
- Check the boiler age and last service date
When you come to sell
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Once your offer’s accepted
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