12 Citygate Bath Lane

    12 CITYGATE, BATH LANE, NEWCASTLE UPON TYNE, NE1 4DL

    This flat/maisonette leasehold property on Bath Lane last sold in July 2012 for £124,000. Based on price growth in the NE1 district since then, its estimated current value is £151,469 — placing it in the 13th percentile nationally and the 48th percentile within NE1. The property covers 56 m² (603 sq ft), giving an estimated value of £2,705 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £124,000

    Jul 2012

    Estimated Valuation

    £151,469

    Est. £/sq ft

    £251/sq ft

    £2,705/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area603 sq ft (56 m²)
    EPC dateNov 2012
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    30 Jul 2012

    £124,000

    22 Jun 2006

    £172,950

    16 Apr 2004

    £150,000

    2 Oct 2002

    New build

    £98,452

    Key Metrics

    Estimated valuation£151,469
    Value per sq ft / m²£251/sq ft (£2,705/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile48th percentile
    National percentile13th 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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