56 Nicholson Terrace

    56, NICHOLSON TERRACE, NEWCASTLE UPON TYNE, NE12 9DP

    This flat/maisonette leasehold property on Nicholson Terrace last sold in September 2023 for £113,000. Based on price growth in the NE12 district since then, its estimated current value is £121,979 — placing it in the 7th percentile nationally and the 14th percentile within NE12. The property covers 71 m² (764 sq ft), giving an estimated value of £1,718 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £113,000

    Sept 2023

    Estimated Valuation

    £121,979

    Est. £/sq ft

    £160/sq ft

    £1,718/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area764 sq ft (71 m²)
    EPC dateJan 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Sept 2023

    £113,000

    20 May 2016

    £89,950

    16 Aug 2004

    £74,950

    4 Feb 2002

    £39,950

    25 Jan 1996

    £24,500

    Key Metrics

    Estimated valuation£121,979
    Value per sq ft / m²£160/sq ft (£1,718/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE12 district percentile14th percentile
    National percentile7th 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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