40 Lodore Road

    40, LODORE ROAD, NEWCASTLE UPON TYNE, NE2 3NN

    This terraced freehold property on Lodore Road last sold in September 2015 for £380,000. Based on price growth in the NE2 district since then, its estimated current value is £467,897 — placing it in the 76th percentile nationally and the 74th percentile within NE2. The property covers 148 m² (1,593 sq ft), giving an estimated value of £3,161 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,593 sq ft

    148 m²

    Last Sale Price

    £380,000

    Sept 2015

    Estimated Valuation

    £467,897

    Est. £/sq ft

    £294/sq ft

    £3,161/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,593 sq ft (148 m²)
    EPC dateAug 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Sept 2015

    £380,000

    29 Jul 2011

    £345,000

    12 Jun 2009

    £315,000

    25 Aug 2006

    £249,500

    20 Sept 1996

    £68,000

    Key Metrics

    Estimated valuation£467,897
    Value per sq ft / m²£294/sq ft (£3,161/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile74th percentile
    National percentile76th 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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