40 Lotus Close, Newcastle Upon Tyne, NE5 1XB is a leasehold semi-detached property built between 1967-1975. The property offers approximately 807 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 £198,353 , which equates to approximately £246 per square foot. It was last sold on 5 Jul 2024 for £180,000. Since then, the value has increased by £18,353, representing a 10.2% increase, or approximately 7.0% per year.

The current estimated value of £198,353 is:

  • 23.2% higher than the average property price on Lotus Close
  • 24.5% higher than the average in the NE5 1XB postcode area
  • and 25.2% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 7 July 2023, the property was recorded as owner-occupied.

View sold house prices in NE5 1XB

Building approximate location

About Property

Type
Semi-Detached Bungalow
Built
1967-1975
Interior Size
807 sq ft
Tenure
Leasehold
Price (estimate)
£198,353
Price Per sq ft (estimate)
£246
Bedroom Count (estimate)
2 bedrooms

EPC Summary

40 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 7 Jul 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, 250 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE5 1XB

13 th / 34
Price Rank
25% higher than average
2 nd / 26
Size Rank
22% bigger than average
16 th / 26
Price Per Sq FT Rank
2% higher than average

Compared to other properties in NE5 1XB , this bungalow's estimated value ranks 13th out of 34. Based on price per square foot, it ranks 16th out of 26 properties. In terms of size, this home ranks 2nd out of 26 properties in its postcode area.

Sale History

Today
£198,353
streetscan.co.uk estimate
+10 %
5 Jul 2024
£180,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 689 sq ft
sale price: £179,000
sale date: 4 Apr 2023
rooms: 5
size: 764 sq ft
sale price: £220,000
sale date: 18 Mar 2021
rooms: 4
size: 700 sq ft
sale price: £130,000
sale date: 4 May 2017

Data Sources

The property at 40 Lotus Close, Newcastle Upon Tyne, Tyne And Wear, NE5 1XB appears once in the Land Registry records, with the transaction recorded on 5 Jul 2024. It also has a single Energy Performance Certificate (EPC) from 7 Jul 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.