2 Lotus Drive

    2, LOTUS DRIVE, NEWCASTLE UPON TYNE, NE5 1DW

    This detached freehold property on Lotus Drive last sold in May 2024 for £332,496. Based on price growth in the NE5 district since then, its estimated current value is £342,700 — placing it in the 58th percentile nationally and the 92nd percentile within NE5. The property covers 121 m² (1,302 sq ft), giving an estimated value of £2,832 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,302 sq ft

    121 m²

    Last Sale Price

    £332,496

    May 2024

    Estimated Valuation

    £342,700

    Est. £/sq ft

    £263/sq ft

    £2,832/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2021
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,302 sq ft (121 m²)
    EPC dateApr 2024
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 May 2024

    New build

    £332,496

    Key Metrics

    Estimated valuation£342,700
    Value per sq ft / m²£263/sq ft (£2,832/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile92nd percentile
    National percentile58th percentile

    District Context — NE5

    NE5 covers areas in the west of Newcastle upon Tyne, sitting within the broader North East region. It is a mixed residential community with a diverse socioeconomic profile.

    Average Property Price - NE5

    £200,588

    12

    National percentile

    Average Net Household Income - NE5

    £34,218

    27

    National percentile

    10-Year Annualised Price Growth - NE5

    4.8%

    85

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE5

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