Phillipson Memorial Building, 38 Princess Mary Court

    PHILLIPSON MEMORIAL BUILDING, 38, PRINCESS MARY COURT, JESMOND, NEWCASTLE UPON TYNE, NE2 3BG

    This flat/maisonette leasehold property on Princess Mary Court last sold in March 1999 for £325,000. Based on price growth in the NE2 district since then, its estimated current value is £967,807 — placing it in the 95th percentile nationally and the 95th percentile within NE2. The property covers 161 m² (1,733 sq ft), giving an estimated value of £6,011 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,733 sq ft

    161 m²

    Last Sale Price

    £325,000

    Mar 1999

    Estimated Valuation

    £967,807

    Est. £/sq ft

    £558/sq ft

    £6,011/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,733 sq ft (161 m²)
    EPC dateJul 2018
    WallsSolid brick, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 1999

    New build

    £325,000

    Key Metrics

    Estimated valuation£967,807
    Value per sq ft / m²£558/sq ft (£6,011/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile95th percentile
    National percentile95th 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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