79 GOLDSPINK LANE
NEWCASTLE UPON TYNE, TYNE AND WEAR NE2 1NQ
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
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)
Flood risk
Zone: 1
Risk: Low
Job (default Low)
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).
House Price Index (HM Land Registry — official index, not sold-price averages): Newcastle upon Tyne. Series: Flats and maisonettes. As of April 2026.
Company ownership
Registered legal owner is a 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.
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 — 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).