2 Leabank

    2, LEABANK, NEWCASTLE UPON TYNE, NE15 7LN

    This semi-detached freehold property on Leabank last sold in May 2022 for £150,000. Based on price growth in the NE15 district since then, its estimated current value is £155,723 — placing it in the 14th percentile nationally and the 44th percentile within NE15. The property covers 99 m² (1,066 sq ft), giving an estimated value of £1,573 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,066 sq ft

    99 m²

    Last Sale Price

    £150,000

    May 2022

    Estimated Valuation

    £155,723

    Est. £/sq ft

    £146/sq ft

    £1,573/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area1,066 sq ft (99 m²)
    EPC dateMay 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 May 2022

    £150,000

    31 Jan 2020

    £120,000

    9 May 2016

    £92,500

    Key Metrics

    Estimated valuation£155,723
    Value per sq ft / m²£146/sq ft (£1,573/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile44th percentile
    National percentile14th 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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