28 Lotus Close

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

    This terraced leasehold property on Lotus Close last sold in September 2017 for £158,000. Based on price growth in the NE5 district since then, its estimated current value is £203,475 — placing it in the 25th percentile nationally and the 63rd percentile within NE5. The property covers 52 m² (560 sq ft), giving an estimated value of £3,913 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £158,000

    Sept 2017

    Estimated Valuation

    £203,475

    Est. £/sq ft

    £364/sq ft

    £3,913/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area560 sq ft (52 m²)
    EPC dateFeb 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Sept 2017

    £158,000

    Key Metrics

    Estimated valuation£203,475
    Value per sq ft / m²£364/sq ft (£3,913/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile63rd percentile
    National percentile25th 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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