2 Southgate

    2, SOUTHGATE, NEWCASTLE UPON TYNE, NE12 6ED

    This terraced leasehold property on Southgate last sold in June 2016 for £157,995. Based on price growth in the NE12 district since then, its estimated current value is £208,815 — placing it in the 27th percentile nationally and the 51st percentile within NE12. The property covers 69 m² (743 sq ft), giving an estimated value of £3,026 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £157,995

    Jun 2016

    Estimated Valuation

    £208,815

    Est. £/sq ft

    £281/sq ft

    £3,026/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area743 sq ft (69 m²)
    EPC dateMay 2016
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Jun 2016

    New build

    £157,995

    Key Metrics

    Estimated valuation£208,815
    Value per sq ft / m²£281/sq ft (£3,026/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE12 district percentile51st percentile
    National percentile27th percentile

    District Context — NE12

    NE12 covers Whitley Bay, Tynemouth and surrounding coastal communities in North Tyneside, north of Newcastle. The area blends seaside residential appeal with established suburban neighbourhoods and a mix of family homes and rental properties.

    Average Property Price - NE12

    £216,740

    17

    National percentile

    Average Net Household Income - NE12

    £36,673

    42

    National percentile

    10-Year Annualised Price Growth - NE12

    2.9%

    25

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE12

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