40D Leazes Terrace, Newcastle Upon Tyne, NE1 4LZ is a leasehold flat built before 1900. The property offers approximately 1,044 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £271,790 , which equates to approximately £260 per square foot. It was last sold on 9 Jun 2000 for £90,000. Since then, the value has increased by £181,790, representing a 202.0% increase, or approximately 7.9% per year.

The current estimated value of £271,790 is:

  • 40.2% lower than the average property price on Leazes Terrace
  • 31.5% higher than the average in the NE1 4LZ postcode area
  • and 2.5% higher than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 30 September 2023, the property was recorded as owner-occupied.

View sold house prices in NE1 4LZ

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
1044 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£271,790
Price Per sq ft (estimate)
£260
Bedroom Count (estimate)
3 bedrooms

EPC Summary

40D 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 30 Sep 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 have partial double glazing.

The previous EPC assessment was conducted on 19 Mar 2012. The rating of D remains the same, but the energy efficiency score improved by 12.5%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to sandstone or limestone, as built, no insulation (assumed), with no change in energy efficiency (poor).
  • The windows were upgraded from some multiple glazing to partial double glazing.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Sandstone or limestone, as built, no insulation (assumed)
Poor
Windows
Partial double glazing
Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE1 4LZ

17 th / 45
Price Rank
32% higher than average
5 th / 36
Size Rank
46% bigger than average
29 th / 36
Price Per Sq FT Rank
10% lower than average

Compared to other properties in NE1 4LZ , this flat's estimated value ranks 17th out of 45. Based on price per square foot, it ranks 29th 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 5th out of 36 properties in its postcode area.

Sale History

Today
£271,790
streetscan.co.uk estimate
+202 %
9 Jun 2000
£90,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 947 sq ft
sale price: £249,999
sale date: 29 Jul 2024
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
rooms: 3
size: 926 sq ft
sale price: £195,000
sale date: 5 Oct 2009
rooms: 3
size: 1012 sq ft
sale price: £230,000
sale date: 15 Jul 2005

Data Sources

The property at 40D Leazes Terrace, Newcastle Upon Tyne, Tyne And Wear, NE1 4LZ appears once in the Land Registry records, with the transaction recorded on 9 Jun 2000. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Sep 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.