59 Lavender Gardens

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

    This flat/maisonette leasehold property on Lavender Gardens last sold in October 2010 for £185,000. Based on price growth in the NE2 district since then, its estimated current value is £244,945 — placing it in the 36th percentile nationally and the 43rd percentile within NE2. The property covers 65 m² (700 sq ft), giving an estimated value of £3,768 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £185,000

    Oct 2010

    Estimated Valuation

    £244,945

    Est. £/sq ft

    £350/sq ft

    £3,768/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 potentialD
    Floor area700 sq ft (65 m²)
    EPC dateJan 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Oct 2010

    £185,000

    29 Apr 2005

    £190,000

    Key Metrics

    Estimated valuation£244,945
    Value per sq ft / m²£350/sq ft (£3,768/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile43rd percentile
    National percentile36th 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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