7/16 55 Degrees North Pilgrim Street

    7/16 55 DEGREES NORTH, PILGRIM STREET, NEWCASTLE UPON TYNE, NE1 6BG

    This flat/maisonette leasehold property on Pilgrim Street last sold in November 2010 for £121,000. Based on price growth in the NE1 district since then, its estimated current value is £140,208 — placing it in the 10th percentile nationally and the 40th percentile within NE1. The property covers 53 m² (570 sq ft), giving an estimated value of £2,645 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £121,000

    Nov 2010

    Estimated Valuation

    £140,208

    Est. £/sq ft

    £246/sq ft

    £2,645/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area570 sq ft (53 m²)
    EPC dateAug 2013
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    12 Nov 2010

    £121,000

    6 May 2005

    £150,000

    22 Aug 2003

    New build

    £131,000

    Key Metrics

    Estimated valuation£140,208
    Value per sq ft / m²£246/sq ft (£2,645/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile40th percentile
    National percentile10th 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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