24 Portland Mews

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

    This flat/maisonette leasehold property on Portland Mews last sold in January 2019 for £110,000. Based on price growth in the NE2 district since then, its estimated current value is £130,504 — placing it in the 9th percentile nationally and the 6th percentile within NE2. The property covers 54 m² (581 sq ft), giving an estimated value of £2,417 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £110,000

    Jan 2019

    Estimated Valuation

    £130,504

    Est. £/sq ft

    £225/sq ft

    £2,417/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area581 sq ft (54 m²)
    EPC dateJan 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    17 Jan 2019

    £110,000

    Key Metrics

    Estimated valuation£130,504
    Value per sq ft / m²£225/sq ft (£2,417/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile6th percentile
    National percentile9th 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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