Sold STC Flat

79 GOLDSPINK LANE

NEWCASTLE UPON TYNE, TYNE AND WEAR NE2 1NQ

2 beds 1 baths 62 m² Listed 17 Mar 2022 (-1586d)

£125,000

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Property details

Tenure

LEASEHOLD

Floor area

62 m²

EPC rating

C

Last sold

£150,000 Jun 2022

Price per m²

£2,016/m²

Local average

£254,430 (-50.9%)

Deprivation

Decile 8 (25,457 of 33,755)

Street crime

962 incidents within 1 mile (May 2026)

Key features

  • Two Bedroom Ground Floor Flat
  • Fantastic Sandyford Location
  • End of Terrace
  • Bright Interior
  • Private Rear Yard with Off-Street Parking
  • Feature Bay Window
  • Spacious Kitchen
  • Stylish Bathroom
  • Two Double Bedrooms
  • Investment Opportunity

Additional details

Parking
Yes
Garden
Yes

Description

Hive Estates presents this well-maintained two-bedroom flat in the heart of Sandyford.

The property is located on the end of Goldspink Lane, walking distance from many popular shops and cafes of Sandyford, as well as bus routes and Jesmond Metro. The flat has a unique layout thanks to being an end of terrace, making it unlike any other tyneside flat. At the front of the property there is a spacious double bedroom with a bay window, white walls reflect the natural light around the room. In the middle of the property is a huge bathroom with smart black tiling, a bath, shower, WC and pedestal basin.

Central to the property is a large living area with a window looking onto the private yard which has ample space for parking. Leading on from the living room is a generous kitchen with wooden cabinetry, marble effect worktops and the door leading to the yard. Adjacent to the living room is a second double bedroom which has a return and built in cupboard, providing additional storage space.

This unique tyneside flat is in a fantastic location and has the potential to be a beautiful first home or lucrative investment.

Kitchen - 3.97 x 2.55 (13'0" x 8'4") -

Living Room - 4.86 x 4.36 (15'11" x 14'3") -

Bedroom One - 3.92 x 3.26 (12'10" x 10'8") -

Bedroom Two - 4.36 x 3.02 (14'3" x 9'10") -

Listed by

Newcastle upon Tyne

Hive Estates Limited

Reference: 121218512

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 09/03/2022

Expiry date: 08/03/2032

Current heating cost: £451/year

Potential heating cost: £301/year

Est. upgrade cost to C: £10,000

Recommendations

  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Floor insulation (suspended floor) (£800 - £1,200)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Goldspink Lane.jpg

Goldspink Lane.jpg

EPC Graphs

EE Rating

EE Rating

FENSA Certificates

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

FENSA Certificate #8251633

Property Details

Street: 79 Goldspink Lane

Town: NEWCASTLE UPON TYNE

Postcode: NE2 1NQ

Installation Details

Items: 6 windows and 2 doors

Certificate Issued: 04/07/2011

Work Completed: 27/03/2009

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

Event Date Price % change
Sold 17/06/2022 (4 years ago) £150,000

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
Same street 63 GOLDSPINK LANE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1NQ £268,250 18/11/2025 Other
Same street 43 GOLDSPINK LANE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1NQ £268,250 18/11/2025 Other
197 HELMSLEY ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1RD £185,000 31/10/2025 Flat
63 HIGH PARK, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PT £100,000 12/03/2025 Flat
31 BRANDON GROVE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PA £165,000 13/02/2025 Flat
42 MOUNTWOOD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PY £125,500 19/12/2023 Flat
12 SANDYFORD PARK, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1TA £66,000 07/12/2023 Flat
76 BROAD ASH, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PZ £138,500 04/12/2023 Flat
170 DONCASTER ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1RB £142,500 29/11/2023 Flat
Same street 8 GOLDSPINK LANE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1NQ £155,000 08/11/2023 Flat
Same street 10 GOLDSPINK LANE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1NQ £150,000 08/11/2023 Flat
14 SANDYFORD PARK, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1TA £113,000 30/10/2023 Flat
209 HELMSLEY ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1RD £208,000 27/10/2023 Flat
83 SPRINGBANK ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PD £138,500 20/10/2023 Flat
171 HELMSLEY ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1RD £150,000 17/10/2023 Flat
173 HELMSLEY ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1RD £150,000 17/10/2023 Flat
70 BROAD ASH, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PZ £120,000 25/08/2023 Flat
53 HIGH PARK, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PT £129,000 06/06/2023 Flat
49 AMBLE GROVE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1NY £146,000 24/04/2023 Flat
45 SANDYFORD PARK, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1TA £145,000 16/12/2022 Flat
37 DINSDALE ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1DN £296,500 16/12/2022 Flat
224 HELMSLEY ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1RD £182,630 10/11/2022 Flat
89 DINSDALE ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1DN £192,000 07/11/2022 Flat
106 DONCASTER ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1RA £165,000 03/11/2022 Flat
Same street 14 GOLDSPINK LANE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1NQ £2,610,527 17/12/2021 Terraced

Street average: £690,405 (5 sales)

Area average: £152,907 (20 sales)

Capital growth trend

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

5y growth -6.1%
10y growth -4.9%

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

1y (index) 1.2%
5y (index) 12.4%
10y (index) 28%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: THE COUNCIL OF THE CITY OF NEWCASTLE UPON TYNE

Rental Range

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

Low £1,084/mo
Realistic £1,204/mo
Optimistic £1,324/mo

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

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

Location

Nearby

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

Type Name Distance
Shop The Corner Shop 0.0 miles
Bus stop DINSDALE ROAD-NE/B 0.1 miles
Bus stop Springbank Road 0.1 miles
Shop The Blind Shop 0.1 miles
Train station Jesmond 0.4 miles
Train station Manors 0.7 miles
University Newcastle University 1.0 miles
University Unknown 1.7 miles
Hospital Priory Day Hospital 5.9 miles
Hospital Sunderland Primary care Trust 7.1 miles

Street-level crime

Category Count
Anti-social behaviour 239
Shoplifting 234
Violence and sexual offences 154
Public order 54
Other theft 53
Criminal damage and arson 46
Vehicle crime 43
Burglary 41
Drugs 25
Robbery 23
Theft from the person 15
Bicycle theft 14
Other crime 12
Possession of weapons 9
Total incidents 962

Within 1 mile during May 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 Catherine's Catholic Primary School Primary 0.1 miles Good — 12 Feb 2015
Hotspur Primary School Primary 0.4 miles Good — 11 Mar 2014
Newcastle Preparatory School Other 0.4 miles (No rating)
Royal Grammar School Other 0.5 miles (No rating)
St Teresa's Catholic Primary School, Heaton Primary 0.6 miles Outstanding — 31 Jan 2024

Rental Comparables

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Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.96%
Max investor price (0.8%) £150,500
Target investor price (1%) £120,400
  • 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).