Flat 46 The Cedars Park Road

    FLAT 46 THE CEDARS, PARK ROAD, NEWCASTLE UPON TYNE, NE4 7DX

    This flat/maisonette leasehold property on Park Road last sold in May 2022 for £83,500. Based on price growth in the NE4 district since then, its estimated current value is £80,956 — placing it in the 2nd percentile nationally and the 15th percentile within NE4. The property covers 55 m² (592 sq ft), giving an estimated value of £1,472 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £83,500

    May 2022

    Estimated Valuation

    £80,956

    Est. £/sq ft

    £137/sq ft

    £1,472/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (community)
    EPC currentC
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateApr 2021
    WallsSystem built, with external insulation
    HeatingCommunity scheme

    Transaction History

    20 May 2022

    £83,500

    1 Feb 2013

    £79,950

    18 Nov 2011

    New build

    £70,000

    Key Metrics

    Estimated valuation£80,956
    Value per sq ft / m²£137/sq ft (£1,472/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE4 district percentile15th percentile
    National percentile2nd 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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