16 Lavender Gardens

    16, LAVENDER GARDENS, NEWCASTLE UPON TYNE, NE2 3DE

    This flat/maisonette leasehold property on Lavender Gardens last sold in March 2016 for £167,500. Based on price growth in the NE2 district since then, its estimated current value is £188,090 — placing it in the 21st percentile nationally and the 23rd percentile within NE2. The property covers 76 m² (818 sq ft), giving an estimated value of £2,475 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £167,500

    Mar 2016

    Estimated Valuation

    £188,090

    Est. £/sq ft

    £230/sq ft

    £2,475/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area818 sq ft (76 m²)
    EPC dateOct 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Mar 2016

    £167,500

    24 Jul 2007

    £166,000

    31 Jul 1997

    £58,400

    Key Metrics

    Estimated valuation£188,090
    Value per sq ft / m²£230/sq ft (£2,475/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile23rd percentile
    National percentile21st 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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