11 - 12 Back Goldspink Lane

    11 - 12, BACK GOLDSPINK LANE, NEWCASTLE UPON TYNE, NE2 1NU

    This terraced freehold property on Back Goldspink Lane last sold in November 2001 for £30,000. Based on price growth in the NE2 district since then, its estimated current value is £90,222 — placing it in the 3rd percentile nationally and the 2nd percentile within NE2. The property covers 186 m² (2,002 sq ft), giving an estimated value of £485 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,002 sq ft

    186 m²

    Last Sale Price

    £30,000

    Nov 2001

    Estimated Valuation

    £90,222

    Est. £/sq ft

    £45/sq ft

    £485/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageL
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area2,002 sq ft (186 m²)
    EPC dateMar 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Nov 2001

    £30,000

    Key Metrics

    Estimated valuation£90,222
    Value per sq ft / m²£45/sq ft (£485/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile2nd percentile
    National percentile3rd percentile

    District Context — NE2

    NE2 covers central Newcastle upon Tyne, including the city centre and surrounding urban neighbourhoods. It is characterised by a young, student-dominated population within a vibrant urban setting with strong rental demand.

    Average Property Price - NE2

    £361,932

    59

    National percentile

    Average Net Household Income - NE2

    £28,827

    6

    National percentile

    10-Year Annualised Price Growth - NE2

    2.6%

    18

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE2

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