Abbot Memorial Building, 49 Princess Mary Court

    ABBOT MEMORIAL BUILDING, 49, PRINCESS MARY COURT, JESMOND, NEWCASTLE UPON TYNE, NE2 3BG

    This flat/maisonette leasehold property on Princess Mary Court last sold in November 2022 for £480,000. Based on price growth in the NE2 district since then, its estimated current value is £478,670 — placing it in the 77th percentile nationally and the 76th percentile within NE2. The property covers 111 m² (1,195 sq ft), giving an estimated value of £4,312 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,195 sq ft

    111 m²

    Last Sale Price

    £480,000

    Nov 2022

    Estimated Valuation

    £478,670

    Est. £/sq ft

    £401/sq ft

    £4,312/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,195 sq ft (111 m²)
    EPC dateJun 2020
    WallsTimber frame, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Nov 2022

    £480,000

    22 Dec 2020

    £280,000

    24 May 2004

    £290,000

    27 Oct 2000

    New build

    £225,000

    Key Metrics

    Estimated valuation£478,670
    Value per sq ft / m²£401/sq ft (£4,312/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile76th percentile
    National percentile77th 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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