23 Red Barns

    23, RED BARNS, NEWCASTLE UPON TYNE, NE1 2TP

    This detached leasehold property on Red Barns last sold in March 2017 for £160,000. Based on price growth in the NE1 district since then, its estimated current value is £177,186 — placing it in the 19th percentile nationally and the 64th percentile within NE1. The property covers 77 m² (829 sq ft), giving an estimated value of £2,301 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £160,000

    Mar 2017

    Estimated Valuation

    £177,186

    Est. £/sq ft

    £214/sq ft

    £2,301/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area829 sq ft (77 m²)
    EPC dateJun 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Mar 2017

    £160,000

    Key Metrics

    Estimated valuation£177,186
    Value per sq ft / m²£214/sq ft (£2,301/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile64th 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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