40 Lanesborough Court

    40, LANESBOROUGH COURT, NEWCASTLE UPON TYNE, NE3 3BZ

    This flat/maisonette leasehold property on Lanesborough Court last sold in October 2018 for £247,500. Based on price growth in the NE3 district since then, its estimated current value is £299,659 — placing it in the 49th percentile nationally and the 55th percentile within NE3. The property covers 80 m² (861 sq ft), giving an estimated value of £3,746 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £247,500

    Oct 2018

    Estimated Valuation

    £299,659

    Est. £/sq ft

    £348/sq ft

    £3,746/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area861 sq ft (80 m²)
    EPC dateJun 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Oct 2018

    £247,500

    9 Feb 2018

    £195,000

    18 Jun 2015

    £140,000

    1 Nov 2007

    £225,000

    24 Sept 2002

    New build

    £225,000

    Key Metrics

    Estimated valuation£299,659
    Value per sq ft / m²£348/sq ft (£3,746/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile55th percentile
    National percentile49th percentile

    District Context — NE3

    NE3 covers suburbs and outlying areas in the northeast of Newcastle, extending into surrounding residential neighbourhoods. It is a relatively stable, family-oriented district with a mix of established housing stock and leafy character.

    Average Property Price - NE3

    £315,221

    47

    National percentile

    Average Net Household Income - NE3

    £42,222

    67

    National percentile

    10-Year Annualised Price Growth - NE3

    3.2%

    34

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE3

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