Loft 49 The Turnbull Queens Lane

    LOFT 49 THE TURNBULL, QUEENS LANE, NEWCASTLE UPON TYNE, NE1 1NA

    This flat/maisonette leasehold property on Queens Lane last sold in March 2024 for £122,000. Based on price growth in the NE1 district since then, its estimated current value is £124,877 — placing it in the 8th percentile nationally and the 29th percentile within NE1. The property covers 127 m² (1,367 sq ft), giving an estimated value of £983 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,367 sq ft

    127 m²

    Last Sale Price

    £122,000

    Mar 2024

    Estimated Valuation

    £124,877

    Est. £/sq ft

    £91/sq ft

    £983/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area1,367 sq ft (127 m²)
    EPC dateJul 2018
    WallsSolid brick, as built, insulated (assumed)
    HeatingBoiler and radiators, electric

    Transaction History

    22 Mar 2024

    £122,000

    28 Feb 2003

    £140,000

    16 May 2002

    New build

    £130,000

    Key Metrics

    Estimated valuation£124,877
    Value per sq ft / m²£91/sq ft (£983/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile29th percentile
    National percentile8th 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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