Loft 43 The Turnbull Queens Lane

    LOFT 43 THE TURNBULL, QUEENS LANE, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE1 1NA

    This flat/maisonette leasehold property on Queens Lane last sold in May 2002 for £119,500. Based on price growth in the NE1 district since then, its estimated current value is £130,138 — placing it in the 9th percentile nationally and the 33rd percentile within NE1. The property covers 47 m² (506 sq ft), giving an estimated value of £2,769 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £119,500

    May 2002

    Estimated Valuation

    £130,138

    Est. £/sq ft

    £257/sq ft

    £2,769/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area506 sq ft (47 m²)
    EPC dateJun 2014
    WallsSolid brick, as built, insulated (assumed)
    HeatingBoiler and radiators, electric

    Transaction History

    17 May 2002

    New build

    £119,500

    Key Metrics

    Estimated valuation£130,138
    Value per sq ft / m²£257/sq ft (£2,769/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile33rd percentile
    National percentile9th 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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