41a Leazes Terrace

    41A, LEAZES TERRACE, NEWCASTLE UPON TYNE, NE1 4LZ

    This flat/maisonette leasehold property on Leazes Terrace last sold in November 2017 for £165,000. Based on price growth in the NE1 district since then, its estimated current value is £179,196 — placing it in the 19th percentile nationally and the 66th percentile within NE1. The property covers 45 m² (484 sq ft), giving an estimated value of £3,982 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    484 sq ft

    45 m²

    Last Sale Price

    £165,000

    Nov 2017

    Estimated Valuation

    £179,196

    Est. £/sq ft

    £370/sq ft

    £3,982/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area484 sq ft (45 m²)
    EPC dateFeb 2022
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Nov 2017

    £165,000

    1 Oct 2002

    £78,000

    Key Metrics

    Estimated valuation£179,196
    Value per sq ft / m²£370/sq ft (£3,982/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile66th percentile
    National percentile19th 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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