78 Newlands Road

    78, NEWLANDS ROAD, NEWCASTLE UPON TYNE, NE2 3NU

    This terraced freehold property on Newlands Road last sold in November 2017 for £355,000. Based on price growth in the NE2 district since then, its estimated current value is £456,906 — placing it in the 75th percentile nationally and the 73rd percentile within NE2. The property covers 111 m² (1,195 sq ft), giving an estimated value of £4,116 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,195 sq ft

    111 m²

    Last Sale Price

    £355,000

    Nov 2017

    Estimated Valuation

    £456,906

    Est. £/sq ft

    £382/sq ft

    £4,116/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,195 sq ft (111 m²)
    EPC dateMay 2017
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Nov 2017

    £355,000

    Key Metrics

    Estimated valuation£456,906
    Value per sq ft / m²£382/sq ft (£4,116/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile73rd percentile
    National percentile75th 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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