2 24 Portland Terrace

    2 24, PORTLAND TERRACE, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE2 1QS

    This flat/maisonette leasehold property on Portland Terrace last sold in May 2002 for £115,667. Based on price growth in the NE2 district since then, its estimated current value is £212,722 — placing it in the 28th percentile nationally and the 33rd percentile within NE2. The property covers 58 m² (624 sq ft), giving an estimated value of £3,668 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £115,667

    May 2002

    Estimated Valuation

    £212,722

    Est. £/sq ft

    £341/sq ft

    £3,668/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateMay 2022
    WallsSolid brick, with internal insulation
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 May 2002

    £115,667

    Key Metrics

    Estimated valuation£212,722
    Value per sq ft / m²£341/sq ft (£3,668/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile33rd percentile
    National percentile28th 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

    More properties in NE2

    Streets in NE2

    Explore nearby