29 Portland Mews

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

    This flat/maisonette leasehold property on Portland Mews last sold in October 2015 for £118,000. Based on price growth in the NE2 district since then, its estimated current value is £136,772 — placing it in the 10th percentile nationally and the 7th percentile within NE2. The property covers 54 m² (581 sq ft), giving an estimated value of £2,533 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

    £118,000

    Oct 2015

    Estimated Valuation

    £136,772

    Est. £/sq ft

    £235/sq ft

    £2,533/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area581 sq ft (54 m²)
    EPC dateSept 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters, Room heaters, electric

    Transaction History

    26 Oct 2015

    £118,000

    Key Metrics

    Estimated valuation£136,772
    Value per sq ft / m²£235/sq ft (£2,533/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile7th percentile
    National percentile10th 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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