41 Lavender Gardens

    41, LAVENDER GARDENS, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE2 3DD

    This flat/maisonette leasehold property on Lavender Gardens last sold in July 1998 for £58,000. Based on price growth in the NE2 district since then, its estimated current value is £198,851 — placing it in the 24th percentile nationally and the 27th percentile within NE2. The property covers 60 m² (646 sq ft), giving an estimated value of £3,314 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £58,000

    Jul 1998

    Estimated Valuation

    £198,851

    Est. £/sq ft

    £308/sq ft

    £3,314/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area646 sq ft (60 m²)
    EPC dateMar 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Jul 1998

    £58,000

    Key Metrics

    Estimated valuation£198,851
    Value per sq ft / m²£308/sq ft (£3,314/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile27th percentile
    National percentile24th 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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