17 Wallace Street

    17, WALLACE STREET, NEWCASTLE UPON TYNE, NE2 4AU

    This flat/maisonette leasehold property on Wallace Street last sold in January 2019 for £90,000. Based on price growth in the NE2 district since then, its estimated current value is £106,776 — placing it in the 5th percentile nationally and the 3rd percentile within NE2. The property covers 37 m² (398 sq ft), giving an estimated value of £2,886 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    398 sq ft

    37 m²

    Last Sale Price

    £90,000

    Jan 2019

    Estimated Valuation

    £106,776

    Est. £/sq ft

    £268/sq ft

    £2,886/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area398 sq ft (37 m²)
    EPC dateApr 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jan 2019

    £90,000

    1 Jun 2005

    £122,000

    6 Aug 2004

    £107,000

    21 Jul 1995

    £38,500

    Key Metrics

    Estimated valuation£106,776
    Value per sq ft / m²£268/sq ft (£2,886/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile3rd percentile
    National percentile5th 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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