40 Merchants Wharf

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

    This terraced freehold property on Merchants Wharf last sold in June 2014 for £173,500. Based on price growth in the NE6 district since then, its estimated current value is £269,937 — placing it in the 42nd percentile nationally and the 80th percentile within NE6. The property covers 125 m² (1,346 sq ft), giving an estimated value of £2,159 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,346 sq ft

    125 m²

    Last Sale Price

    £173,500

    Jun 2014

    Estimated Valuation

    £269,937

    Est. £/sq ft

    £201/sq ft

    £2,159/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,346 sq ft (125 m²)
    EPC dateMay 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Jun 2014

    £173,500

    2 Oct 2005

    £175,000

    16 Jun 2000

    £80,000

    Key Metrics

    Estimated valuation£269,937
    Value per sq ft / m²£201/sq ft (£2,159/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE6 district percentile80th percentile
    National percentile42nd 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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