Sold STC Flat

64 GILLIES STREET

NEWCASTLE UPON TYNE, TYNE AND WEAR NE6 2JP

2 beds 1 baths 431 sq ft Listed 18 Sep 2015 (-3921d)

£59,950

Offers in Excess of

Reduced on 15 Oct 2015

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External

External Kitchen Lounge Lounge Master bedroom Bedroom 2 Bathroom

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Property details

Floor area

40 m²

EPC rating

C

Year built

England and Wales: 1900-1929

Last sold

£54,000 Dec 2020

Price per m²

£1,499/m²

Local average

£134,730 (-55.5%)

Deprivation

Decile 1 (747 of 33,755)

Street crime

487 incidents within 1 mile (Apr 2026)

Key features

  • Perfect for First time buyers
  • Great investment opportunity
  • Immaculately presented
  • No upper chain
  • Double glazed throughout
  • Fully working Alarm system
  • Private rear yard

Additional details

Garden
Yes

Description

New to the market, a fantastic opportunity to purchase this 2 bedroom, end terrace, ground floor flat with private rear yard. The property has been recently redecorated to a high standard and is ready to move in making it a great purchase for first time buyers or investors.
EPC Rating: C

Listed by

Jesmond

Foster Maddison Property Consultants

Reference: 51634411

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 25/02/2021

Expiry date: 24/02/2031

Current heating cost: £353/year

Potential heating cost: £273/year

Est. upgrade cost to C: £2,000

Recommendations

  • Cavity wall insulation (£500 - £1,500)
  • Floor insulation (suspended floor) (£800 - £1,200)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floor plan

Floor plan

EPC Graphs

Energy Perform...

Energy Perform...

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #252308

Property Details

Street: 64 Gillies Street

Town: WALKER

Postcode: NE6 2JP

Installation Details

Items: 7 windows

Certificate Issued: 14/02/2003

Work Completed: 25/10/2002

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

-10% since 2016

Event Date Price % change
Sold 18/12/2020 (5 years ago) £54,000 -10%
Sold 27/04/2016 (10 years ago) £60,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
81 SCARBOROUGH ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2RT £47,000 18/08/2025 Flat
142 SCARBOROUGH ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2RU £53,000 17/03/2025 Flat
Same street 58 GILLIES STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2JP £130,000 22/04/2024 Semi-detached
71 BOTHAL STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2JQ £46,000 21/12/2023 Flat
Same street 29 GILLIES STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2JP £72,000 28/09/2023 Flat
Same street 10 GILLIES STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2JP £105,000 27/07/2023 Terraced
THORNBOROUGH HOUSE 2, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2NS £79,000 06/04/2023 Flat
2A DUNMORLIE STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2JL £57,500 12/01/2023 Flat
33 CANTERBURY STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2JD £41,000 11/11/2022 Flat
187 GRACE STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2RR £51,000 31/10/2022 Flat
Same street 60 GILLIES STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2JP £120,000 26/08/2022 Semi-detached
Same street 23 GILLIES STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2JP £39,950 22/07/2022 Flat
Same street 7 GILLIES STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2JP £135,000 06/04/2022 Other
1 DUNMORLIE STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2JL £55,000 31/03/2022 Flat
53 CANTERBURY STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2JD £54,000 16/03/2022 Flat
9 DUNMORLIE STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2JL £50,000 16/03/2022 Flat
181 GRACE STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2RR £55,000 07/12/2021 Flat
Same street 4 GILLIES STREET, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE6 2JP £65,000 29/09/2021 Terraced

Street average: £95,279 (7 sales)

Area average: £53,500 (11 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 44.3%
10y growth 12.8%

House Price Index (HM Land Registry — official index, not sold-price averages): Newcastle upon Tyne. Series: Flats and maisonettes. As of March 2026.

1y (index) -3.4%
5y (index) 9.8%
10y (index) 22.7%

Rental Range

Estimated market rent for Newcastle upon Tyne. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,085/mo
Realistic £1,206/mo
Optimistic £1,327/mo

Based on Local Authority from postcode lookup → Newcastle upon Tyne.

LHA (30th percentile) floor for Tyneside: £549/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View NE6 2JP

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Unknown 0.0 miles
Bus stop Bothal Street 0.0 miles
Shop Little Tyre Centre 0.1 miles
Bus stop Welbeck Road-Gillies Street 0.1 miles
Train station Byker 0.4 miles
Hospital Molineux Street NHS Centre 0.6 miles
Train station Chillingham Road 0.6 miles
Hospital Walkergate Park Hospital 1.1 miles
University Northumbria University City Campus 1.5 miles
University Ellison Building B Block 1.5 miles

Street-level crime

Category Count
Shoplifting 91
Violence and sexual offences 91
Anti-social behaviour 88
Criminal damage and arson 64
Vehicle crime 36
Public order 34
Burglary 20
Other theft 19
Robbery 10
Theft from the person 10
Other crime 8
Bicycle theft 6
Possession of weapons 6
Drugs 4
Total incidents 487

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
St Lawrence's Catholic Primary School Primary 0.2 miles Good — 17 Jan 2018
Welbeck Academy Primary 0.2 miles Requires improvement — 25 Feb 2024
Monkchester Road Nursery School Nursery 0.4 miles Outstanding — 12 Dec 2013
Byker Primary School Primary 0.4 miles Outstanding — 29 Sep 2017
St Vincents Catholic Primary School, Newcastle Primary 0.6 miles Good — 17 Sep 2023

Rental Comparables

Rental listings exist nearby, but none matched the 2-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 2.01%
Max investor price (0.8%) £150,750
Target investor price (1%) £120,600
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).