43 Portland Mews

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

    This flat/maisonette leasehold property on Portland Mews last sold in May 2021 for £135,000. Based on price growth in the NE2 district since then, its estimated current value is £144,467 — placing it in the 11th percentile nationally and the 9th percentile within NE2. The property covers 52 m² (560 sq ft), giving an estimated value of £2,778 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £135,000

    May 2021

    Estimated Valuation

    £144,467

    Est. £/sq ft

    £258/sq ft

    £2,778/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area560 sq ft (52 m²)
    EPC dateAug 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    21 May 2021

    £135,000

    29 Jun 2001

    £68,000

    29 Jan 1998

    £52,000

    Key Metrics

    Estimated valuation£144,467
    Value per sq ft / m²£258/sq ft (£2,778/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile9th percentile
    National percentile11th 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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