41A Leazes Terrace, Newcastle Upon Tyne, NE1 4LZ is a leasehold flat built before 1900. The property offers approximately 484 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £132,478 , which equates to approximately £274 per square foot. It was last sold on 15 Aug 2022 for £125,000. Since then, the value has increased by £7,478, representing a 6.0% increase, or approximately 1.8% per year.

The current estimated value of £132,478 is:

  • 70.9% lower than the average property price on Leazes Terrace
  • 35.9% lower than the average in the NE1 4LZ postcode area
  • and 50.0% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 23 February 2022, 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
484 sq ft
Tenure
Leasehold
Price (estimate)
£132,478
Price Per sq ft (estimate)
£274
Bedroom Count (estimate)
1 bedroom

EPC Summary

41A 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 23 Feb 2022.

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 28 Sep 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 13.7%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from sandstone, as built, insulated (assumed) to sandstone or limestone, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from no low energy lighting to low energy lighting in 33% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Sandstone or limestone, as built, no insulation (assumed)
Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to NE1 4LZ

30 th / 45
Price Rank
36% lower than average
32 nd / 36
Size Rank
32% smaller than average
8 th / 36
Price Per Sq FT Rank
6% lower than average

Compared to other properties in NE1 4LZ , this flat's estimated value ranks 30th out of 45. Based on price per square foot, it ranks 8th out of 36 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 32th out of 36 properties in its postcode area.

Sale History

Today
£132,478
streetscan.co.uk estimate
+6 %
15 Aug 2022
£125,000
Leasehold
-24.2 %
6 Nov 2017
£165,000
Leasehold
+111.5 %
1 Oct 2002
£78,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 517 sq ft
sale price: £122,500
sale date: 26 Jan 2024
rooms: 2
size: 431 sq ft
sale price: £125,000
sale date: 6 Sep 2022
rooms: 2
size: 431 sq ft
sale price: £153,000
sale date: 30 Jun 2022
rooms: 2
size: 506 sq ft
sale price: £155,000
sale date: 27 Jun 2022
rooms: 2
size: 495 sq ft
sale price: £158,000
sale date: 16 Oct 2019

Data Sources

The property at 41A Leazes Terrace, Newcastle Upon Tyne, NE1 4LZ appears three times in the Land Registry records, with the latest transaction recorded on 15 Aug 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Feb 2022. 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.