Flat F 3 Lambton Road

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

    This flat/maisonette leasehold property on Lambton Road last sold in March 2017 for £177,500. Based on price growth in the NE2 district since then, its estimated current value is £221,923 — placing it in the 30th percentile nationally and the 36th percentile within NE2. The property covers 58 m² (624 sq ft), giving an estimated value of £3,826 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £177,500

    Mar 2017

    Estimated Valuation

    £221,923

    Est. £/sq ft

    £355/sq ft

    £3,826/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area624 sq ft (58 m²)
    EPC dateNov 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Mar 2017

    £177,500

    3 Aug 2009

    £158,000

    12 May 2003

    £150,000

    25 Jun 2001

    £96,000

    3 Apr 1998

    £66,500

    Key Metrics

    Estimated valuation£221,923
    Value per sq ft / m²£355/sq ft (£3,826/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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