55 Princes Meadow

    55, PRINCES MEADOW, NEWCASTLE UPON TYNE, NE3 4RZ

    This detached freehold property on Princes Meadow last sold in August 2012 for £400,000. Based on price growth in the NE3 district since then, its estimated current value is £531,576 — placing it in the 81st percentile nationally and the 87th percentile within NE3. The property covers 155 m² (1,668 sq ft), giving an estimated value of £3,430 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,668 sq ft

    155 m²

    Last Sale Price

    £400,000

    Aug 2012

    Estimated Valuation

    £531,576

    Est. £/sq ft

    £319/sq ft

    £3,430/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,668 sq ft (155 m²)
    EPC dateMay 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Aug 2012

    £400,000

    2 Jun 2006

    £369,950

    28 Jul 1995

    New build

    £128,500

    Key Metrics

    Estimated valuation£531,576
    Value per sq ft / m²£319/sq ft (£3,430/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile87th percentile
    National percentile81st 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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