31A Leazes Terrace, Newcastle Upon Tyne, NE1 4LZ is a leasehold flat built before 1900. The property offers approximately 915 square feet of living space. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £216,758 , which equates to approximately £237 per square foot. It was last sold on 3 Oct 1997 for £59,950. Since then, the value has increased by £156,808, representing a 261.6% increase, or approximately 9.3% per year.

The current estimated value of £216,758 is:

  • 52.3% lower than the average property price on Leazes Terrace
  • 4.9% higher than the average in the NE1 4LZ postcode area
  • and 18.2% lower than the average price for Newcastle Upon Tyne as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 4 March 2021, the property was recorded as rented.

View sold house prices in NE1 4LZ

Building approximate location

About Property

Type
Terraced Maisonette
Built
before 1900
Interior Size
915 sq ft
Tenure
Leasehold
Price (estimate)
£216,758
Price Per sq ft (estimate)
£237
Bedroom Count (estimate)
3 bedrooms

EPC Summary

31A Leazes Terrace, Newcastle Upon Tyne, Tyne And Wear, NE1 4LZ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 4 Mar 2021.

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 single glazed.

The previous EPC assessment was conducted on 25 Aug 2010, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 26.5%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from average to good.
  • The wall construction or insulation changed from sandstone, as built, no insulation (assumed) to timber frame, as built, no insulation (assumed), improving energy efficiency from very poor to poor.
  • The lighting was updated from low energy lighting in 57% of fixed outlets to low energy lighting in 42% of fixed outlets, with efficiency changing from good to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Timber frame, as built, no insulation (assumed)
Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 42% of fixed outlets
Average

Compared to NE1 4LZ

25 th / 45
Price Rank
5% higher than average
12 th / 36
Size Rank
28% bigger than average
34 th / 36
Price Per Sq FT Rank
18% lower than average

Compared to other properties in NE1 4LZ , this maisonette's estimated value ranks 25th out of 45. Based on price per square foot, it ranks 34th out of 36 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 12th out of 36 properties in its postcode area.

Sale History

Today
£216,758
streetscan.co.uk estimate
+262 %
3 Oct 1997
£59,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 947 sq ft
sale price: £249,999
sale date: 29 Jul 2024
rooms: 4
size: 807 sq ft
sale price: £240,000
sale date: 24 Nov 2023
rooms: 4
size: 958 sq ft
sale price: £215,000
sale date: 1 Apr 2021
rooms: 3
size: 936 sq ft
sale price: £280,000
sale date: 31 May 2019
rooms: 3
size: 958 sq ft
sale price: £230,000
sale date: 9 Mar 2018

Data Sources

The property at 31A Leazes Terrace, Newcastle Upon Tyne, Tyne And Wear, NE1 4LZ appears once in the Land Registry records, with the transaction recorded on 3 Oct 1997. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Mar 2021. 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.