12 Watergate Buildings, 58 Sandhill

    12 WATERGATE BUILDINGS, 58, SANDHILL, NEWCASTLE UPON TYNE, NE1 3RG

    This flat/maisonette leasehold property on Sandhill last sold in June 2023 for £175,000. Based on price growth in the NE1 district since then, its estimated current value is £174,646 — placing it in the 18th percentile nationally and the 63rd percentile within NE1. The property covers 48 m² (517 sq ft), giving an estimated value of £3,638 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    517 sq ft

    48 m²

    Last Sale Price

    £175,000

    Jun 2023

    Estimated Valuation

    £174,646

    Est. £/sq ft

    £338/sq ft

    £3,638/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area517 sq ft (48 m²)
    EPC dateSept 2020
    WallsSandstone or limestone, with internal insulation
    HeatingElectric storage heaters

    Transaction History

    9 Jun 2023

    £175,000

    6 May 2005

    £162,500

    27 Aug 2003

    £121,000

    Key Metrics

    Estimated valuation£174,646
    Value per sq ft / m²£338/sq ft (£3,638/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile63rd percentile
    National percentile18th 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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