Flat 2 2 Abbotsford Terrace

    FLAT 2 2, ABBOTSFORD TERRACE, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE2 3AD

    This flat/maisonette leasehold property on Abbotsford Terrace last sold in August 2003 for £282,500. Based on price growth in the NE2 district since then, its estimated current value is £427,150 — placing it in the 71st percentile nationally and the 70th percentile within NE2. The property covers 50 m² (538 sq ft), giving an estimated value of £8,543 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £282,500

    Aug 2003

    Estimated Valuation

    £427,150

    Est. £/sq ft

    £794/sq ft

    £8,543/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area538 sq ft (50 m²)
    EPC dateMar 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Aug 2003

    £282,500

    11 Aug 2000

    £185,000

    25 Aug 1998

    New build

    £148,000

    Key Metrics

    Estimated valuation£427,150
    Value per sq ft / m²£794/sq ft (£8,543/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile70th percentile
    National percentile71st 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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