7 Iris Place

    7, IRIS PLACE, NEWCASTLE UPON TYNE, NE4 9QR

    This flat/maisonette leasehold property on Iris Place last sold in May 2019 for £66,000. Based on price growth in the NE4 district since then, its estimated current value is £84,149 — placing it in the 2nd percentile nationally and the 16th percentile within NE4. The property covers 30 m² (323 sq ft), giving an estimated value of £2,805 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    323 sq ft

    30 m²

    Last Sale Price

    £66,000

    May 2019

    Estimated Valuation

    £84,149

    Est. £/sq ft

    £261/sq ft

    £2,805/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area323 sq ft (30 m²)
    EPC dateMar 2018
    WallsCavity wall, with external insulation
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 May 2019

    £66,000

    26 Jul 2000

    £24,950

    Key Metrics

    Estimated valuation£84,149
    Value per sq ft / m²£261/sq ft (£2,805/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE4 district percentile16th 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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