12 Portland Mews

    12, PORTLAND MEWS, NEWCASTLE UPON TYNE, NE2 1RW

    This semi-detached leasehold property on Portland Mews last sold in July 2017 for £160,000. Based on price growth in the NE2 district since then, its estimated current value is £252,301 — placing it in the 38th percentile nationally and the 45th percentile within NE2. The property covers 59 m² (635 sq ft), giving an estimated value of £4,276 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £160,000

    Jul 2017

    Estimated Valuation

    £252,301

    Est. £/sq ft

    £397/sq ft

    £4,276/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area635 sq ft (59 m²)
    EPC dateMay 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Jul 2017

    £160,000

    20 Jun 2002

    £99,950

    28 Jul 1998

    £59,000

    Key Metrics

    Estimated valuation£252,301
    Value per sq ft / m²£397/sq ft (£4,276/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile45th percentile
    National percentile38th 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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