591 Welbeck Road

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

    This flat/maisonette leasehold property on Welbeck Road last sold in April 2022 for £55,000. Based on price growth in the NE6 district since then, its estimated current value is £62,971 — placing it in the 0th percentile nationally and the 3rd percentile within NE6. The property covers 72 m² (775 sq ft), giving an estimated value of £875 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £55,000

    Apr 2022

    Estimated Valuation

    £62,971

    Est. £/sq ft

    £81/sq ft

    £875/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area775 sq ft (72 m²)
    EPC dateNov 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, mains gas

    Transaction History

    1 Apr 2022

    £55,000

    21 Mar 2006

    £40,000

    Key Metrics

    Estimated valuation£62,971
    Value per sq ft / m²£81/sq ft (£875/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE6 district percentile3rd percentile
    National percentile0th 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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