37 Portland Mews

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

    This terraced leasehold property on Portland Mews last sold in November 2022 for £195,000. Based on price growth in the NE2 district since then, its estimated current value is £193,109 — placing it in the 23rd percentile nationally and the 25th percentile within NE2. The property covers 66 m² (710 sq ft), giving an estimated value of £2,926 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £195,000

    Nov 2022

    Estimated Valuation

    £193,109

    Est. £/sq ft

    £272/sq ft

    £2,926/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area710 sq ft (66 m²)
    EPC dateJul 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Nov 2022

    £195,000

    23 Dec 2009

    £151,000

    1 Sept 2006

    £155,000

    Key Metrics

    Estimated valuation£193,109
    Value per sq ft / m²£272/sq ft (£2,926/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile25th percentile
    National percentile23rd 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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