27 Lotus Close, Newcastle Upon Tyne, NE5 1XB is a leasehold other property built between 1967-1975. The property offers approximately 624 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £102,212 , which equates to approximately £164 per square foot. It was last sold on 20 Jul 2023 for £95,000. Since then, the value has increased by £7,212, representing a 7.6% increase, or approximately 3.1% per year.

The current estimated value of £102,212 is:

  • 36.5% lower than the average property price on Lotus Close
  • 35.8% lower than the average in the NE5 1XB postcode area
  • and 61.4% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 20 March 2023, the property was recorded as owner-occupied.

View sold house prices in NE5 1XB

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£102,212
Price Per sq ft (estimate)
£164
Bedroom Count (estimate)
1 bedroom

EPC Summary

27 Lotus Close, Newcastle Upon Tyne, Tyne And Wear, NE5 1XB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 20 Mar 2023.

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.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to NE5 1XB

34 th / 34
Price Rank
36% lower than average
7 th / 26
Size Rank
6% smaller than average
26 th / 26
Price Per Sq FT Rank
32% lower than average

Compared to other properties in NE5 1XB , this flat's estimated value ranks 34th out of 34. Based on price per square foot, it ranks 26th out of 26 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 7th out of 26 properties in its postcode area.

Sale History

Today
£102,212
streetscan.co.uk estimate
+8 %
20 Jul 2023
£95,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 624 sq ft
sale price: £113,000
sale date: 20 Sep 2021

Data Sources

The property at 27 Lotus Close, Newcastle Upon Tyne, Tyne And Wear, NE5 1XB appears once in the Land Registry records, with the transaction recorded on 20 Jul 2023. It also has a single Energy Performance Certificate (EPC) from 20 Mar 2023. 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.