507 Welbeck Road

    507, WELBECK ROAD, NEWCASTLE UPON TYNE, NE6 3AA

    This flat/maisonette leasehold property on Welbeck Road last sold in May 2013 for £75,000. Based on price growth in the NE6 district since then, its estimated current value is £120,590 — placing it in the 7th percentile nationally and the 22nd percentile within NE6. The property covers 63 m² (678 sq ft), giving an estimated value of £1,914 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    678 sq ft

    63 m²

    Last Sale Price

    £75,000

    May 2013

    Estimated Valuation

    £120,590

    Est. £/sq ft

    £178/sq ft

    £1,914/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area678 sq ft (63 m²)
    EPC dateApr 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 May 2013

    £75,000

    Key Metrics

    Estimated valuation£120,590
    Value per sq ft / m²£178/sq ft (£1,914/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE6 district percentile22nd percentile
    National percentile7th 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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