31 Buston Terrace

    31, BUSTON TERRACE, NEWCASTLE UPON TYNE, NE2 2JL

    This flat/maisonette leasehold property on Buston Terrace last sold in September 2013 for £72,500. Based on price growth in the NE2 district since then, its estimated current value is £103,961 — placing it in the 4th percentile nationally and the 3rd percentile within NE2. The property covers 70 m² (753 sq ft), giving an estimated value of £1,485 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £72,500

    Sept 2013

    Estimated Valuation

    £103,961

    Est. £/sq ft

    £138/sq ft

    £1,485/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area753 sq ft (70 m²)
    EPC dateNov 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Sept 2013

    £72,500

    8 Aug 2008

    £88,500

    Key Metrics

    Estimated valuation£103,961
    Value per sq ft / m²£138/sq ft (£1,485/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile3rd percentile
    National percentile4th 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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