8 Portland Mews

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

    This terraced leasehold property on Portland Mews last sold in December 1997 for £58,000. Based on price growth in the NE2 district since then, its estimated current value is £285,348 — placing it in the 46th percentile nationally and the 51st percentile within NE2. The property covers 56 m² (603 sq ft), giving an estimated value of £5,096 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £58,000

    Dec 1997

    Estimated Valuation

    £285,348

    Est. £/sq ft

    £473/sq ft

    £5,096/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateAug 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Dec 1997

    £58,000

    26 Oct 1995

    £50,000

    Key Metrics

    Estimated valuation£285,348
    Value per sq ft / m²£473/sq ft (£5,096/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile51st percentile
    National percentile46th 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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