40a Leazes Terrace

    40A, LEAZES TERRACE, NEWCASTLE UPON TYNE, NE1 4LZ

    This flat/maisonette leasehold property on Leazes Terrace last sold in April 2025 for £150,000. Based on price growth in the NE1 district since then, its estimated current value is £150,000 — placing it in the 12th percentile nationally and the 47th percentile within NE1. The property covers 55 m² (592 sq ft), giving an estimated value of £2,727 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £150,000

    Apr 2025

    Estimated Valuation

    £150,000

    Est. £/sq ft

    £253/sq ft

    £2,727/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateFeb 2024
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Apr 2025

    £150,000

    Key Metrics

    Estimated valuation£150,000
    Value per sq ft / m²£253/sq ft (£2,727/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile47th percentile
    National percentile12th 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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