42 Portland Mews, Newcastle Upon Tyne, NE2 1RW is a leasehold flat built between 1991-1995. The property offers approximately 420 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 £123,895 , which equates to approximately £295 per square foot. It was last sold on 9 Sep 2022 for £119,000. Since then, the value has increased by £4,895, representing a 4.1% increase, or approximately 1.3% per year.

The current estimated value of £123,895 is:

  • 29.7% lower than the average property price on Portland Mews
  • 27.9% lower than the average in the NE2 1RW postcode area
  • and 53.3% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 21 January 2022, the property was recorded as rented.

View sold house prices in NE2 1RW

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
420 sq ft
Tenure
Leasehold
Price (estimate)
£123,895
Price Per sq ft (estimate)
£295
Bedroom Count (estimate)
1 bedroom

EPC Summary

42 Portland Mews, Newcastle Upon Tyne, Tyne And Wear, NE2 1RW has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 21 Jan 2022.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE2 1RW

23 rd / 28
Price Rank
28% lower than average
24 th / 25
Size Rank
31% smaller than average
9 th / 25
Price Per Sq FT Rank
4% higher than average

Compared to other properties in NE2 1RW , this flat's estimated value ranks 23th out of 28. Based on price per square foot, it ranks 9th out of 25 properties. In terms of size, this home ranks 24th out of 25 properties in its postcode area.

Sale History

Today
£123,895
streetscan.co.uk estimate
+4 %
9 Sep 2022
£119,000
Leasehold
+25.3 %
4 Nov 2005
£95,000
Leasehold
+146.8 %
13 Feb 1997
£38,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 398 sq ft
sale price: £96,500
sale date: 18 Dec 2020
rooms: 2
size: 420 sq ft
sale price: £115,500
sale date: 1 Jul 2020

Data Sources

The property at 42 Portland Mews, Newcastle Upon Tyne, NE2 1RW appears three times in the Land Registry records, with the latest transaction recorded on 9 Sep 2022. It also has a single Energy Performance Certificate (EPC) from 21 Jan 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.