12 Northlea

    12, NORTHLEA, NEWCASTLE UPON TYNE, NE15 7RN

    This terraced leasehold property on Northlea last sold in June 2020 for £108,500. Based on price growth in the NE15 district since then, its estimated current value is £137,060 — placing it in the 10th percentile nationally and the 34th percentile within NE15. The property covers 69 m² (743 sq ft), giving an estimated value of £1,986 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £108,500

    Jun 2020

    Estimated Valuation

    £137,060

    Est. £/sq ft

    £185/sq ft

    £1,986/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area743 sq ft (69 m²)
    EPC dateMay 2012
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Jun 2020

    £108,500

    Key Metrics

    Estimated valuation£137,060
    Value per sq ft / m²£185/sq ft (£1,986/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile34th percentile
    National percentile10th 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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