18 Wallace Street

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

    This flat/maisonette leasehold property on Wallace Street last sold in December 2022 for £95,500. Based on price growth in the NE2 district since then, its estimated current value is £95,235 — placing it in the 3rd percentile nationally and the 2nd percentile within NE2. The property covers 38 m² (409 sq ft), giving an estimated value of £2,506 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    409 sq ft

    38 m²

    Last Sale Price

    £95,500

    Dec 2022

    Estimated Valuation

    £95,235

    Est. £/sq ft

    £233/sq ft

    £2,506/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area409 sq ft (38 m²)
    EPC dateOct 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Dec 2022

    £95,500

    29 May 2001

    £55,000

    Key Metrics

    Estimated valuation£95,235
    Value per sq ft / m²£233/sq ft (£2,506/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile2nd percentile
    National percentile3rd 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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