116 Lazonby Way

    116, LAZONBY WAY, NEWCASTLE UPON TYNE, NE5 4EP

    This semi-detached freehold property on Lazonby Way last sold in May 2023 for £175,000. Based on price growth in the NE5 district since then, its estimated current value is £185,640 — placing it in the 21st percentile nationally and the 54th percentile within NE5. The property covers 71 m² (764 sq ft), giving an estimated value of £2,615 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £175,000

    May 2023

    Estimated Valuation

    £185,640

    Est. £/sq ft

    £243/sq ft

    £2,615/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area764 sq ft (71 m²)
    EPC dateMar 2019
    WallsAverage thermal transmittance 0.29 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 May 2023

    £175,000

    19 Jul 2019

    New build

    £159,995

    Key Metrics

    Estimated valuation£185,640
    Value per sq ft / m²£243/sq ft (£2,615/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile54th percentile
    National percentile21st 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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