North Bank Otterburn Villas

    NORTH BANK, OTTERBURN VILLAS, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE2 3AR

    This flat/maisonette leasehold property on Otterburn Villas last sold in January 1995 for £59,000. Based on price growth in the NE2 district since then, its estimated current value is £254,497 — placing it in the 38th percentile nationally and the 46th percentile within NE2. The property covers 96 m² (1,033 sq ft), giving an estimated value of £2,651 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,033 sq ft

    96 m²

    Last Sale Price

    £59,000

    Jan 1995

    Estimated Valuation

    £254,497

    Est. £/sq ft

    £246/sq ft

    £2,651/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area1,033 sq ft (96 m²)
    EPC dateApr 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    27 Jan 1995

    £59,000

    Key Metrics

    Estimated valuation£254,497
    Value per sq ft / m²£246/sq ft (£2,651/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile46th percentile
    National percentile38th 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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