Flat 7 40 - 42 Burdon Terrace

    FLAT 7 40 - 42, BURDON TERRACE, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE2 3AE

    This flat/maisonette leasehold property on Burdon Terrace last sold in February 2004 for £175,000. Based on price growth in the NE2 district since then, its estimated current value is £227,375 — placing it in the 32nd percentile nationally and the 38th percentile within NE2. The property covers 101 m² (1,087 sq ft), giving an estimated value of £2,251 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,087 sq ft

    101 m²

    Last Sale Price

    £175,000

    Feb 2004

    Estimated Valuation

    £227,375

    Est. £/sq ft

    £209/sq ft

    £2,251/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area1,087 sq ft (101 m²)
    EPC dateMar 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    27 Feb 2004

    £175,000

    31 Mar 1998

    £64,000

    Key Metrics

    Estimated valuation£227,375
    Value per sq ft / m²£209/sq ft (£2,251/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile38th percentile
    National percentile32nd 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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