5 Portland Mews

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

    This terraced leasehold property on Portland Mews last sold in October 2014 for £100,000. Based on price growth in the NE2 district since then, its estimated current value is £144,819 — placing it in the 11th percentile nationally and the 9th percentile within NE2. The property covers 55 m² (592 sq ft), giving an estimated value of £2,633 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £100,000

    Oct 2014

    Estimated Valuation

    £144,819

    Est. £/sq ft

    £245/sq ft

    £2,633/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area592 sq ft (55 m²)
    EPC dateOct 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Oct 2014

    £100,000

    12 Nov 2002

    £104,950

    23 Oct 2000

    £66,500

    Key Metrics

    Estimated valuation£144,819
    Value per sq ft / m²£245/sq ft (£2,633/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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