The Penthouse 1 King Street

    THE PENTHOUSE 1, KING STREET, NEWCASTLE UPON TYNE, NE1 3UQ

    This flat/maisonette leasehold property on King Street last sold in October 2009 for £335,000. Based on price growth in the NE1 district since then, its estimated current value is £323,203 — placing it in the 54th percentile nationally and the 96th percentile within NE1. The property covers 121 m² (1,302 sq ft), giving an estimated value of £2,671 per m². The EPC rating is F, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,302 sq ft

    121 m²

    Last Sale Price

    £335,000

    Oct 2009

    Estimated Valuation

    £323,203

    Est. £/sq ft

    £248/sq ft

    £2,671/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialD
    Floor area1,302 sq ft (121 m²)
    EPC dateApr 2014
    WallsSandstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Oct 2009

    £335,000

    9 Jan 2008

    £300,000

    2 Oct 1998

    £106,000

    Key Metrics

    Estimated valuation£323,203
    Value per sq ft / m²£248/sq ft (£2,671/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile96th percentile
    National percentile54th 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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