2 Peony Place

    2, PEONY PLACE, NEWCASTLE UPON TYNE, NE6 1LU

    This flat/maisonette leasehold property on Peony Place last sold in November 2018 for £130,000. Based on price growth in the NE6 district since then, its estimated current value is £177,025 — placing it in the 19th percentile nationally and the 51st percentile within NE6. The property covers 41 m² (441 sq ft), giving an estimated value of £4,318 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    441 sq ft

    41 m²

    Last Sale Price

    £130,000

    Nov 2018

    Estimated Valuation

    £177,025

    Est. £/sq ft

    £401/sq ft

    £4,318/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot available
    Construction age2013
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area441 sq ft (41 m²)
    EPC dateMay 2015
    WallsAverage thermal transmittance 0.19 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Nov 2018

    £130,000

    15 Jun 2015

    New build

    £119,500

    Key Metrics

    Estimated valuation£177,025
    Value per sq ft / m²£401/sq ft (£4,318/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE6 district percentile51st percentile
    National percentile19th percentile

    District Context — NE6

    NE6 covers central Newcastle, including areas around the city's core and northern residential neighbourhoods. It is a mixed urban community with strong rental demand and considerable social housing provision.

    Average Property Price - NE6

    £204,282

    13

    National percentile

    Average Net Household Income - NE6

    £19,923

    2

    National percentile

    10-Year Annualised Price Growth - NE6

    4.1%

    68

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE6

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