40 Lotus Close

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

    This semi-detached leasehold property on Lotus Close last sold in July 2024 for £180,000. Based on price growth in the NE5 district since then, its estimated current value is £187,932 — placing it in the 21st percentile nationally and the 55th percentile within NE5. The property covers 75 m² (807 sq ft), giving an estimated value of £2,506 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £180,000

    Jul 2024

    Estimated Valuation

    £187,932

    Est. £/sq ft

    £233/sq ft

    £2,506/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area807 sq ft (75 m²)
    EPC dateJul 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Jul 2024

    £180,000

    Key Metrics

    Estimated valuation£187,932
    Value per sq ft / m²£233/sq ft (£2,506/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile55th 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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