3 Merchants Wharf

    3, MERCHANTS WHARF, NEWCASTLE UPON TYNE, NE6 1TR

    This terraced freehold property on Merchants Wharf last sold in September 2020 for £194,000. Based on price growth in the NE6 district since then, its estimated current value is £252,536 — placing it in the 38th percentile nationally and the 76th percentile within NE6. The property covers 104 m² (1,119 sq ft), giving an estimated value of £2,428 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,119 sq ft

    104 m²

    Last Sale Price

    £194,000

    Sept 2020

    Estimated Valuation

    £252,536

    Est. £/sq ft

    £226/sq ft

    £2,428/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,119 sq ft (104 m²)
    EPC dateNov 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Sept 2020

    £194,000

    30 Sept 2008

    £130,000

    22 Aug 2003

    £177,000

    21 Oct 2002

    £157,000

    Key Metrics

    Estimated valuation£252,536
    Value per sq ft / m²£226/sq ft (£2,428/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE6 district percentile76th percentile
    National percentile38th 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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