41 Wellington Street

    41, WELLINGTON STREET, LEMINGTON, NEWCASTLE UPON TYNE, NE15 8RH

    This terraced freehold property on Wellington Street last sold in August 2021 for £78,000. Based on price growth in the NE15 district since then, its estimated current value is £85,200 — placing it in the 2nd percentile nationally and the 10th percentile within NE15. The property covers 68 m² (732 sq ft), giving an estimated value of £1,253 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £78,000

    Aug 2021

    Estimated Valuation

    £85,200

    Est. £/sq ft

    £116/sq ft

    £1,253/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area732 sq ft (68 m²)
    EPC dateMay 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Aug 2021

    £78,000

    20 Sept 2017

    £68,000

    23 Aug 2013

    £50,000

    12 Oct 2001

    £24,000

    Key Metrics

    Estimated valuation£85,200
    Value per sq ft / m²£116/sq ft (£1,253/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile10th percentile
    National percentile2nd 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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