2 Leazes Crescent

    2, LEAZES CRESCENT, NEWCASTLE UPON TYNE, NE1 4LN

    This terraced freehold property on Leazes Crescent last sold in March 2024 for £375,000. Based on price growth in the NE1 district since then, its estimated current value is £387,496 — placing it in the 65th percentile nationally and the 98th percentile within NE1. The property covers 130 m² (1,399 sq ft), giving an estimated value of £2,981 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,399 sq ft

    130 m²

    Last Sale Price

    £375,000

    Mar 2024

    Estimated Valuation

    £387,496

    Est. £/sq ft

    £277/sq ft

    £2,981/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,399 sq ft (130 m²)
    EPC dateApr 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Mar 2024

    £375,000

    19 May 2008

    £333,333

    Key Metrics

    Estimated valuation£387,496
    Value per sq ft / m²£277/sq ft (£2,981/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile98th percentile
    National percentile65th 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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