Flat 2 8 Akenside Terrace

    FLAT 2 8, AKENSIDE TERRACE, NEWCASTLE UPON TYNE, NE2 1TN

    This flat/maisonette leasehold property on Akenside Terrace last sold in June 2023 for £151,250. Based on price growth in the NE2 district since then, its estimated current value is £151,768 — placing it in the 13th percentile nationally and the 11th percentile within NE2. The property covers 53 m² (570 sq ft), giving an estimated value of £2,864 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £151,250

    Jun 2023

    Estimated Valuation

    £151,768

    Est. £/sq ft

    £266/sq ft

    £2,864/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area570 sq ft (53 m²)
    EPC dateJun 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Jun 2023

    £151,250

    25 Oct 2002

    £94,000

    12 Dec 1997

    £46,000

    Key Metrics

    Estimated valuation£151,768
    Value per sq ft / m²£266/sq ft (£2,864/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile11th percentile
    National percentile13th 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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