38 Lavender Gardens

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

    This flat/maisonette leasehold property on Lavender Gardens last sold in May 2013 for £225,500. Based on price growth in the NE2 district since then, its estimated current value is £323,354 — placing it in the 54th percentile nationally and the 57th percentile within NE2. The property covers 106 m² (1,141 sq ft), giving an estimated value of £3,051 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,141 sq ft

    106 m²

    Last Sale Price

    £225,500

    May 2013

    Estimated Valuation

    £323,354

    Est. £/sq ft

    £283/sq ft

    £3,051/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,141 sq ft (106 m²)
    EPC dateOct 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 May 2013

    £225,500

    29 Jul 2005

    £155,000

    4 Mar 2005

    £247,000

    11 Nov 1996

    £57,500

    Key Metrics

    Estimated valuation£323,354
    Value per sq ft / m²£283/sq ft (£3,051/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile57th percentile
    National percentile54th 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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