2 Love Lane, Newcastle Upon Tyne, NE1 3DW is a leasehold flat built between 1991-1995. The property offers approximately 915 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £231,412 , which equates to approximately £253 per square foot. It was last sold on 26 Aug 2016 for £193,750. Since then, the value has increased by £37,662, representing a 19.4% increase, or approximately 2.1% per year.

The current estimated value of £231,412 is:

  • 24.0% lower than the average property price on Love Lane
  • 16.1% lower than the average in the NE1 3DW postcode area
  • and 12.7% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 8 August 2022, the property was recorded as owner-occupied.

View sold house prices in NE1 3DW

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
915 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£231,412
Price Per sq ft (estimate)
£253
Bedroom Count (estimate)
3 bedrooms

EPC Summary

2 Love Lane, Newcastle Upon Tyne, Tyne And Wear, NE1 3DW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 8 Aug 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 8 Apr 2009. The rating of C remains the same, but the energy efficiency score improved by 2.7%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 35% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE1 3DW

19 th / 29
Price Rank
16% lower than average
8 th / 22
Size Rank
4% bigger than average
20 th / 22
Price Per Sq FT Rank
19% lower than average

Compared to other properties in NE1 3DW , this flat's estimated value ranks 19th out of 29. Based on price per square foot, it ranks 20th out of 22 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 8th out of 22 properties in its postcode area.

Sale History

Today
£231,412
streetscan.co.uk estimate
+19 %
26 Aug 2016
£193,750
Leasehold
-17.6 %
1 Aug 2006
£235,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 904 sq ft
sale price: £315,000
sale date: 30 Jun 2023
rooms: 3
size: 840 sq ft
sale price: £195,000
sale date: 11 Dec 2020
rooms: 3
size: 904 sq ft
sale price: £192,000
sale date: 21 Dec 2017
rooms: 3
size: 977 sq ft
sale price: £235,000
sale date: 31 Mar 2017
rooms: 3
size: 948 sq ft
sale price: £230,000
sale date: 14 Oct 2009

Data Sources

The property at 2 Love Lane, Newcastle Upon Tyne, NE1 3DW appears two times in the Land Registry records, with the latest transaction recorded on 26 Aug 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Aug 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.