Loft 5 The Turnbull Queens Lane

    LOFT 5 THE TURNBULL, QUEENS LANE, NEWCASTLE UPON TYNE, NE1 1NA

    This flat/maisonette leasehold property on Queens Lane last sold in May 2014 for £295,000. Based on price growth in the NE1 district since then, its estimated current value is £407,426 — placing it in the 68th percentile nationally and the 99th percentile within NE1. The property covers 146 m² (1,572 sq ft), giving an estimated value of £2,791 per m². The EPC rating is E, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,572 sq ft

    146 m²

    Last Sale Price

    £295,000

    May 2014

    Estimated Valuation

    £407,426

    Est. £/sq ft

    £259/sq ft

    £2,791/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialD
    Floor area1,572 sq ft (146 m²)
    EPC dateApr 2013
    WallsSolid brick, as built, insulated (assumed)
    HeatingBoiler and radiators, electric

    Transaction History

    22 May 2014

    £295,000

    12 Jun 2009

    New build

    £245,000

    Key Metrics

    Estimated valuation£407,426
    Value per sq ft / m²£259/sq ft (£2,791/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile99th percentile
    National percentile68th 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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