Loft 55 The Turnbull Queens Lane

    LOFT 55 THE TURNBULL, QUEENS LANE, NEWCASTLE UPON TYNE, NE1 1NA

    This flat/maisonette leasehold property on Queens Lane last sold in June 2023 for £199,500. Based on price growth in the NE1 district since then, its estimated current value is £199,096 — placing it in the 24th percentile nationally and the 75th percentile within NE1. The property covers 146 m² (1,572 sq ft), giving an estimated value of £1,364 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

    £199,500

    Jun 2023

    Estimated Valuation

    £199,096

    Est. £/sq ft

    £127/sq ft

    £1,364/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

    16 Jun 2023

    New build

    £199,500

    Key Metrics

    Estimated valuation£199,096
    Value per sq ft / m²£127/sq ft (£1,364/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile75th percentile
    National percentile24th 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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