32 Wallace Street

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

    This terraced leasehold property on Wallace Street last sold in February 2016 for £148,500. Based on price growth in the NE2 district since then, its estimated current value is £185,119 — placing it in the 21st percentile nationally and the 22nd percentile within NE2. The property covers 57 m² (614 sq ft), giving an estimated value of £3,248 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £148,500

    Feb 2016

    Estimated Valuation

    £185,119

    Est. £/sq ft

    £302/sq ft

    £3,248/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area614 sq ft (57 m²)
    EPC dateFeb 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Feb 2016

    £148,500

    27 Apr 2001

    £69,000

    1 Nov 1996

    £48,500

    Key Metrics

    Estimated valuation£185,119
    Value per sq ft / m²£302/sq ft (£3,248/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile22nd percentile
    National percentile21st 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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