38 Lotus Close, Newcastle Upon Tyne, NE5 1XB is a leasehold semi-detached property built between 1976-1982. The property offers approximately 700 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £183,338 , which equates to approximately £262 per square foot. It was last sold on 4 May 2017 for £130,000. Since then, the value has increased by £53,338, representing a 41.0% increase, or approximately 4.8% per year.

The current estimated value of £183,338 is:

  • 13.9% higher than the average property price on Lotus Close
  • 15.1% higher than the average in the NE5 1XB postcode area
  • and 30.8% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 22 January 2016, the property was recorded as owner-occupied.

View sold house prices in NE5 1XB

Building approximate location

About Property

Type
Semi-Detached Bungalow
Built
1976-1982
Interior Size
700 sq ft
Tenure
Leasehold
Price (estimate)
£183,338
Price Per sq ft (estimate)
£262
Bedroom Count (estimate)
2 bedrooms

EPC Summary

38 Lotus Close, Newcastle Upon Tyne, Tyne And Wear, NE5 1XB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 22 Jan 2016.

This property has a heating system that uses warm air distribution, powered by mains gas. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

Heating Type
Warm air, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 12% of fixed outlets
Poor

Compared to NE5 1XB

3 rd / 34
Price Rank
15% higher than average
4 th / 26
Size Rank
6% bigger than average
2 nd / 26
Price Per Sq FT Rank
9% higher than average

Compared to other properties in NE5 1XB , this bungalow's estimated value ranks 3rd out of 34. Based on price per square foot, it ranks 2nd out of 26 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 4th out of 26 properties in its postcode area.

Sale History

Today
£183,338
streetscan.co.uk estimate
+41 %
4 May 2017
£130,000
Leasehold
+128.3 %
31 Jan 1996
£56,950
Leasehold

Area Insights

Similar Properties Sold Nearby

32 Lotus Close, Newcastle Upon Tyne, NE5 1XB
rooms: 3
size: 689 sq ft
sale price: £179,000
sale date: 4 Apr 2023
5 Lotus Close, Newcastle Upon Tyne, NE5 1XB
rooms: 5
size: 764 sq ft
sale price: £220,000
sale date: 18 Mar 2021
19 Lotus Close, Newcastle Upon Tyne, NE5 1XB
rooms: 3
size: 603 sq ft
sale price: £105,000
sale date: 22 Mar 2011

Data Sources

The property at 38 Lotus Close, Newcastle Upon Tyne, NE5 1XB appears two times in the Land Registry records, with the latest transaction recorded on 4 May 2017. It also has a single Energy Performance Certificate (EPC) from 22 Jan 2016. 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.
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