Apartment 4 25 - 29 City Road

    APARTMENT 4 25 - 29, CITY ROAD, NEWCASTLE UPON TYNE, NE1 2AF

    This flat/maisonette leasehold property on City Road last sold in May 2023 for £170,000. Based on price growth in the NE1 district since then, its estimated current value is £169,656 — placing it in the 17th percentile nationally and the 60th percentile within NE1. The property covers 92 m² (990 sq ft), giving an estimated value of £1,844 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £170,000

    May 2023

    Estimated Valuation

    £169,656

    Est. £/sq ft

    £171/sq ft

    £1,844/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area990 sq ft (92 m²)
    EPC dateNov 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 May 2023

    £170,000

    15 Nov 2007

    New build

    £345,000

    Key Metrics

    Estimated valuation£169,656
    Value per sq ft / m²£171/sq ft (£1,844/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile60th percentile
    National percentile17th 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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