17 Lotus Close

    17, LOTUS CLOSE, NEWCASTLE UPON TYNE, NE5 1XB

    This flat/maisonette leasehold property on Lotus Close last sold in October 2017 for £110,000. Based on price growth in the NE5 district since then, its estimated current value is £128,236 — placing it in the 8th percentile nationally and the 26th percentile within NE5. The property covers 53 m² (570 sq ft), giving an estimated value of £2,420 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £110,000

    Oct 2017

    Estimated Valuation

    £128,236

    Est. £/sq ft

    £225/sq ft

    £2,420/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area570 sq ft (53 m²)
    EPC dateMay 2024
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Oct 2017

    £110,000

    16 Mar 2007

    £110,000

    18 Aug 2006

    £120,000

    18 May 2001

    £53,950

    28 Jan 2000

    £47,000

    7 Nov 1997

    £41,500

    18 Apr 1997

    £40,000

    14 Aug 1995

    £38,200

    Key Metrics

    Estimated valuation£128,236
    Value per sq ft / m²£225/sq ft (£2,420/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile26th percentile
    National percentile8th 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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