Flat 27 The Cedars Park Road

    FLAT 27 THE CEDARS, PARK ROAD, NEWCASTLE UPON TYNE, NE4 7DX

    This flat/maisonette leasehold property on Park Road last sold in September 2023 for £61,000. Based on price growth in the NE4 district since then, its estimated current value is £69,433 — placing it in the 1st percentile nationally and the 11th percentile within NE4. The property covers 33 m² (355 sq ft), giving an estimated value of £2,104 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    355 sq ft

    33 m²

    Last Sale Price

    £61,000

    Sept 2023

    Estimated Valuation

    £69,433

    Est. £/sq ft

    £195/sq ft

    £2,104/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelmains gas (community)
    EPC currentC
    EPC potentialC
    Floor area355 sq ft (33 m²)
    EPC dateFeb 2021
    WallsSystem built, with external insulation
    HeatingCommunity scheme

    Transaction History

    8 Sept 2023

    £61,000

    31 Aug 2021

    £59,000

    5 Dec 2014

    £57,000

    16 Sept 2011

    New build

    £50,000

    Key Metrics

    Estimated valuation£69,433
    Value per sq ft / m²£195/sq ft (£2,104/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE4 district percentile11th percentile
    National percentile1st percentile

    District Context — NE4

    NE4 covers areas in the west of Newcastle upon Tyne and surrounding communities in Tyne and Wear. It is a mixed residential district with a blend of urban and semi-rural character.

    Average Property Price - NE4

    £192,140

    10

    National percentile

    Average Net Household Income - NE4

    £13,855

    1

    National percentile

    10-Year Annualised Price Growth - NE4

    3.4%

    42

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE4

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