2 Meadow Rise

    2, MEADOW RISE, NEWCASTLE UPON TYNE, NE5 4TR

    This semi-detached leasehold property on Meadow Rise last sold in November 2019 for £119,500. Based on price growth in the NE5 district since then, its estimated current value is £153,187 — placing it in the 13th percentile nationally and the 38th percentile within NE5. The property covers 45 m² (484 sq ft), giving an estimated value of £3,404 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    484 sq ft

    45 m²

    Last Sale Price

    £119,500

    Nov 2019

    Estimated Valuation

    £153,187

    Est. £/sq ft

    £316/sq ft

    £3,404/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area484 sq ft (45 m²)
    EPC dateAug 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Nov 2019

    £119,500

    22 Jun 2018

    £112,000

    22 Jun 2018

    £112,000

    7 Mar 2007

    £123,000

    22 Jul 2005

    £115,000

    6 Aug 1999

    £42,950

    31 Oct 1996

    £43,000

    Key Metrics

    Estimated valuation£153,187
    Value per sq ft / m²£316/sq ft (£3,404/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile38th percentile
    National percentile13th 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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