62 Lazonby Way

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

    This terraced freehold property on Lazonby Way last sold in September 2022 for £160,000. Based on price growth in the NE5 district since then, its estimated current value is £167,117 — placing it in the 16th percentile nationally and the 45th percentile within NE5. The property covers 73 m² (786 sq ft), giving an estimated value of £2,289 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £160,000

    Sept 2022

    Estimated Valuation

    £167,117

    Est. £/sq ft

    £213/sq ft

    £2,289/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area786 sq ft (73 m²)
    EPC dateDec 2017
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Sept 2022

    £160,000

    11 May 2018

    New build

    £70,500

    Key Metrics

    Estimated valuation£167,117
    Value per sq ft / m²£213/sq ft (£2,289/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile45th percentile
    National percentile16th 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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