Flat 1 4 Victoria Square

    FLAT 1 4, VICTORIA SQUARE, NEWCASTLE UPON TYNE, NE2 4DE

    This flat/maisonette leasehold property on Victoria Square last sold in November 2014 for £97,500. Based on price growth in the NE2 district since then, its estimated current value is £127,560 — placing it in the 8th percentile nationally and the 5th percentile within NE2. The property covers 50 m² (538 sq ft), giving an estimated value of £2,551 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £97,500

    Nov 2014

    Estimated Valuation

    £127,560

    Est. £/sq ft

    £237/sq ft

    £2,551/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area538 sq ft (50 m²)
    EPC dateAug 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Nov 2014

    £97,500

    14 Jul 2000

    £59,000

    3 Aug 1998

    £49,250

    20 Sept 1996

    New build

    £44,500

    Key Metrics

    Estimated valuation£127,560
    Value per sq ft / m²£237/sq ft (£2,551/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile5th percentile
    National percentile8th 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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