Loft 23 The Turnbull Queens Lane

    LOFT 23 THE TURNBULL, QUEENS LANE, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE1 1NA

    This flat/maisonette leasehold property on Queens Lane last sold in March 2008 for £120,000. Based on price growth in the NE1 district since then, its estimated current value is £108,327 — placing it in the 5th percentile nationally and the 14th percentile within NE1. The property covers 50 m² (538 sq ft), giving an estimated value of £2,167 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £120,000

    Mar 2008

    Estimated Valuation

    £108,327

    Est. £/sq ft

    £201/sq ft

    £2,167/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area538 sq ft (50 m²)
    EPC dateApr 2016
    WallsTimber frame, as built, no insulation (assumed)
    HeatingBoiler and radiators, electric

    Transaction History

    31 Mar 2008

    £120,000

    9 Dec 2004

    £140,000

    13 May 2002

    New build

    £134,500

    Key Metrics

    Estimated valuation£108,327
    Value per sq ft / m²£201/sq ft (£2,167/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile14th percentile
    National percentile5th percentile

    District Context — NE1

    NE1 covers Newcastle city centre and its immediate surroundings in Tyne and Wear, positioned as the region's economic and cultural hub. It is a mixed-tenure urban neighbourhood with strong rental demand and a youthful demographic profile.

    Average Property Price - NE1

    £172,297

    6

    National percentile

    Average Net Household Income - NE1

    £588

    0

    National percentile

    10-Year Annualised Price Growth - NE1

    2.0%

    9

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE1

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