59 Wellington Street

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

    This terraced freehold property on Wellington Street last sold in August 2016 for £59,000. Based on price growth in the NE15 district since then, its estimated current value is £75,599 — placing it in the 1st percentile nationally and the 8th percentile within NE15. The property covers 73 m² (786 sq ft), giving an estimated value of £1,036 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £59,000

    Aug 2016

    Estimated Valuation

    £75,599

    Est. £/sq ft

    £96/sq ft

    £1,036/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area786 sq ft (73 m²)
    EPC dateApr 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Aug 2016

    £59,000

    27 Oct 2003

    £55,000

    1 Nov 2001

    £14,950

    Key Metrics

    Estimated valuation£75,599
    Value per sq ft / m²£96/sq ft (£1,036/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile8th 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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