18 Derwent Street

    18, DERWENT STREET, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE15 6NT

    This terraced freehold property on Derwent Street last sold in April 2004 for £40,000. Based on price growth in the NE15 district since then, its estimated current value is £71,293 — placing it in the 1st percentile nationally and the 6th percentile within NE15. The property covers 80 m² (861 sq ft), giving an estimated value of £891 per m². The EPC rating is F, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £40,000

    Apr 2004

    Estimated Valuation

    £71,293

    Est. £/sq ft

    £83/sq ft

    £891/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelTo be used only when there is no heating/hot-water system
    EPC currentF
    EPC potentialC
    Floor area861 sq ft (80 m²)
    EPC dateJul 2012
    WallsSolid brick, as built, no insulation (assumed)
    HeatingNo system present: electric heaters assumed

    Transaction History

    16 Apr 2004

    £40,000

    Key Metrics

    Estimated valuation£71,293
    Value per sq ft / m²£83/sq ft (£891/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile6th percentile
    National percentile1st percentile

    District Context — NE15

    NE15 covers Prudhoe, Ryton, and surrounding communities in Tyne and Wear, situated west of Gateshead along the River Tyne. It is a mixed residential area with strong community roots and reasonable access to regional employment centres.

    Average Property Price - NE15

    £195,588

    11

    National percentile

    Average Net Household Income - NE15

    £33,771

    24

    National percentile

    10-Year Annualised Price Growth - NE15

    3.7%

    54

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE15

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