40 Lanercost Drive

    40, LANERCOST DRIVE, NEWCASTLE UPON TYNE, NE5 2DE

    This terraced freehold property on Lanercost Drive last sold in April 1999 for £41,000. Based on price growth in the NE5 district since then, its estimated current value is £143,298 — placing it in the 11th percentile nationally and the 33rd percentile within NE5. The property covers 93 m² (1,001 sq ft), giving an estimated value of £1,541 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,001 sq ft

    93 m²

    Last Sale Price

    £41,000

    Apr 1999

    Estimated Valuation

    £143,298

    Est. £/sq ft

    £143/sq ft

    £1,541/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,001 sq ft (93 m²)
    EPC dateOct 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Apr 1999

    £41,000

    Key Metrics

    Estimated valuation£143,298
    Value per sq ft / m²£143/sq ft (£1,541/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile33rd percentile
    National percentile11th 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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