2 Portman Mews

    2, PORTMAN MEWS, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE2 1TB

    This flat/maisonette leasehold property on Portman Mews last sold in June 2001 for £53,500. Based on price growth in the NE2 district since then, its estimated current value is £126,559 — placing it in the 8th percentile nationally and the 5th percentile within NE2. The property covers 96 m² (1,033 sq ft), giving an estimated value of £1,318 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,033 sq ft

    96 m²

    Last Sale Price

    £53,500

    Jun 2001

    Estimated Valuation

    £126,559

    Est. £/sq ft

    £122/sq ft

    £1,318/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area1,033 sq ft (96 m²)
    EPC dateDec 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    8 Jun 2001

    £53,500

    Key Metrics

    Estimated valuation£126,559
    Value per sq ft / m²£122/sq ft (£1,318/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile5th percentile
    National percentile8th 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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