Flat 2 1 North Terrace

    FLAT 2 1, NORTH TERRACE, NEWCASTLE UPON TYNE, NE2 4AD

    This terraced freehold property on North Terrace last sold in January 2012 for £230,900. Based on price growth in the NE2 district since then, its estimated current value is £318,792 — placing it in the 53rd percentile nationally and the 57th percentile within NE2. The property covers 83 m² (893 sq ft), giving an estimated value of £3,841 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £230,900

    Jan 2012

    Estimated Valuation

    £318,792

    Est. £/sq ft

    £357/sq ft

    £3,841/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area893 sq ft (83 m²)
    EPC dateJun 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Jan 2012

    £230,900

    Key Metrics

    Estimated valuation£318,792
    Value per sq ft / m²£357/sq ft (£3,841/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile57th percentile
    National percentile53rd 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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