Flat D 3 Lambton Road

    FLAT D 3, LAMBTON ROAD, NEWCASTLE UPON TYNE, NE2 4RX

    This flat/maisonette leasehold property on Lambton Road last sold in December 2015 for £170,000. Based on price growth in the NE2 district since then, its estimated current value is £197,045 — placing it in the 24th percentile nationally and the 27th percentile within NE2. The property covers 59 m² (635 sq ft), giving an estimated value of £3,340 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £170,000

    Dec 2015

    Estimated Valuation

    £197,045

    Est. £/sq ft

    £310/sq ft

    £3,340/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area635 sq ft (59 m²)
    EPC dateAug 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Dec 2015

    £170,000

    22 Dec 2009

    £170,000

    22 Sept 2006

    £169,500

    27 Jun 2003

    £128,000

    30 Apr 1996

    £54,500

    Key Metrics

    Estimated valuation£197,045
    Value per sq ft / m²£310/sq ft (£3,340/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile27th percentile
    National percentile24th 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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