55 Lavender Gardens

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

    This detached leasehold property on Lavender Gardens last sold in January 2002 for £111,000. Based on price growth in the NE2 district since then, its estimated current value is £477,429 — placing it in the 77th percentile nationally and the 75th percentile within NE2. The property covers 116 m² (1,249 sq ft), giving an estimated value of £4,116 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    1,249 sq ft

    116 m²

    Last Sale Price

    £111,000

    Jan 2002

    Estimated Valuation

    £477,429

    Est. £/sq ft

    £382/sq ft

    £4,116/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,249 sq ft (116 m²)
    EPC dateApr 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Jan 2002

    £111,000

    Key Metrics

    Estimated valuation£477,429
    Value per sq ft / m²£382/sq ft (£4,116/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile75th 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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