4 Wallace Street

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

    This terraced freehold property on Wallace Street last sold in February 2018 for £168,000. Based on price growth in the NE2 district since then, its estimated current value is £220,720 — placing it in the 30th percentile nationally and the 36th percentile within NE2. The property covers 59 m² (635 sq ft), giving an estimated value of £3,741 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £168,000

    Feb 2018

    Estimated Valuation

    £220,720

    Est. £/sq ft

    £348/sq ft

    £3,741/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area635 sq ft (59 m²)
    EPC dateAug 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Feb 2018

    £168,000

    24 Jun 2013

    £163,000

    30 Aug 2005

    £162,000

    12 Dec 2002

    £108,500

    24 Apr 1998

    £51,500

    Key Metrics

    Estimated valuation£220,720
    Value per sq ft / m²£348/sq ft (£3,741/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile36th percentile
    National percentile30th 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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