5 Mayfair Road

    5, MAYFAIR ROAD, NEWCASTLE UPON TYNE, NE2 3DN

    This flat/maisonette leasehold property on Mayfair Road last sold in March 2018 for £179,950. Based on price growth in the NE2 district since then, its estimated current value is £227,388 — placing it in the 32nd percentile nationally and the 38th percentile within NE2. The property covers 78 m² (840 sq ft), giving an estimated value of £2,915 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £179,950

    Mar 2018

    Estimated Valuation

    £227,388

    Est. £/sq ft

    £271/sq ft

    £2,915/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area840 sq ft (78 m²)
    EPC dateDec 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, mains gas

    Transaction History

    28 Mar 2018

    £179,950

    Key Metrics

    Estimated valuation£227,388
    Value per sq ft / m²£271/sq ft (£2,915/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile38th percentile
    National percentile32nd 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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