Apartment 602 The Bar St James Gate

    APARTMENT 602 THE BAR, ST JAMES GATE, NEWCASTLE UPON TYNE, NE1 4BA

    This flat/maisonette leasehold property on St James Gate last sold in April 2014 for £116,000. Based on price growth in the NE1 district since then, its estimated current value is £160,208 — placing it in the 15th percentile nationally and the 54th percentile within NE1. The property covers 71 m² (764 sq ft), giving an estimated value of £2,256 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £116,000

    Apr 2014

    Estimated Valuation

    £160,208

    Est. £/sq ft

    £210/sq ft

    £2,256/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 2007 onwards
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area764 sq ft (71 m²)
    EPC dateJul 2013
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    25 Apr 2014

    £116,000

    14 Nov 2005

    New build

    £211,460

    Key Metrics

    Estimated valuation£160,208
    Value per sq ft / m²£210/sq ft (£2,256/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile54th percentile
    National percentile15th 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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