59 Spencer Street

    59, SPENCER STREET, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE6 5BY

    This flat/maisonette leasehold property on Spencer Street last sold in October 1996 for £29,000. Based on price growth in the NE6 district since then, its estimated current value is £139,512 — placing it in the 10th percentile nationally and the 30th percentile within NE6. The property covers 70 m² (753 sq ft), giving an estimated value of £1,993 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £29,000

    Oct 1996

    Estimated Valuation

    £139,512

    Est. £/sq ft

    £185/sq ft

    £1,993/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 area753 sq ft (70 m²)
    EPC dateNov 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Oct 1996

    £29,000

    Key Metrics

    Estimated valuation£139,512
    Value per sq ft / m²£185/sq ft (£1,993/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE6 district percentile30th percentile
    National percentile10th 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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