40 West Lane

    40, WEST LANE, NEWCASTLE UPON TYNE, NE12 7BE

    This semi-detached freehold property on West Lane last sold in August 2014 for £168,000. Based on price growth in the NE12 district since then, its estimated current value is £251,744 — placing it in the 38th percentile nationally and the 67th percentile within NE12. The property covers 86 m² (926 sq ft), giving an estimated value of £2,927 per m². The EPC rating is F, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £168,000

    Aug 2014

    Estimated Valuation

    £251,744

    Est. £/sq ft

    £272/sq ft

    £2,927/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialC
    Floor area926 sq ft (86 m²)
    EPC dateSept 2013
    WallsSandstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Aug 2014

    £168,000

    Key Metrics

    Estimated valuation£251,744
    Value per sq ft / m²£272/sq ft (£2,927/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE12 district percentile67th percentile
    National percentile38th 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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