55 Wellington Street

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

    This terraced freehold property on Wellington Street last sold in September 2002 for £23,000. Based on price growth in the NE15 district since then, its estimated current value is £71,385 — placing it in the 1st percentile nationally and the 6th percentile within NE15. The property covers 63 m² (678 sq ft), giving an estimated value of £1,133 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    678 sq ft

    63 m²

    Last Sale Price

    £23,000

    Sept 2002

    Estimated Valuation

    £71,385

    Est. £/sq ft

    £105/sq ft

    £1,133/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area678 sq ft (63 m²)
    EPC dateFeb 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Sept 2002

    £23,000

    Key Metrics

    Estimated valuation£71,385
    Value per sq ft / m²£105/sq ft (£1,133/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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