22 Wallace Street

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

    This terraced freehold property on Wallace Street last sold in October 2024 for £176,500. Based on price growth in the NE2 district since then, its estimated current value is £190,600 — placing it in the 22nd percentile nationally and the 24th percentile within NE2. The property covers 57 m² (614 sq ft), giving an estimated value of £3,344 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £176,500

    Oct 2024

    Estimated Valuation

    £190,600

    Est. £/sq ft

    £311/sq ft

    £3,344/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-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 dateAug 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Oct 2024

    £176,500

    23 Oct 2005

    £146,000

    30 Jul 1999

    £61,000

    Key Metrics

    Estimated valuation£190,600
    Value per sq ft / m²£311/sq ft (£3,344/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile24th percentile
    National percentile22nd 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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