Loft 48 The Turnbull Queens Lane

    LOFT 48 THE TURNBULL, QUEENS LANE, NEWCASTLE UPON TYNE, NE1 1NA

    This flat/maisonette leasehold property on Queens Lane last sold in July 2023 for £265,000. Based on price growth in the NE1 district since then, its estimated current value is £264,464 — placing it in the 41st percentile nationally and the 91st percentile within NE1. The property covers 127 m² (1,367 sq ft), giving an estimated value of £2,082 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

    £265,000

    Jul 2023

    Estimated Valuation

    £264,464

    Est. £/sq ft

    £193/sq ft

    £2,082/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

    3 Jul 2023

    £265,000

    22 Jul 2005

    £247,500

    11 Dec 2002

    New build

    £210,000

    Key Metrics

    Estimated valuation£264,464
    Value per sq ft / m²£193/sq ft (£2,082/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile91st percentile
    National percentile41st 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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