62 Newlands Road

    62, NEWLANDS ROAD, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE2 3NT

    This terraced leasehold property on Newlands Road last sold in February 2004 for £182,000. Based on price growth in the NE2 district since then, its estimated current value is £326,287 — placing it in the 55th percentile nationally and the 58th percentile within NE2. The property covers 112 m² (1,206 sq ft), giving an estimated value of £2,913 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,206 sq ft

    112 m²

    Last Sale Price

    £182,000

    Feb 2004

    Estimated Valuation

    £326,287

    Est. £/sq ft

    £271/sq ft

    £2,913/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,206 sq ft (112 m²)
    EPC dateDec 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Feb 2004

    £182,000

    9 Apr 1999

    £74,000

    Key Metrics

    Estimated valuation£326,287
    Value per sq ft / m²£271/sq ft (£2,913/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile58th percentile
    National percentile55th 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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