5 Portman Mews, Newcastle Upon Tyne, NE2 1TB is a leasehold flat built before 1900. The property offers approximately 786 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £126,874 , which equates to approximately £161 per square foot. It was last sold on 12 Jun 1998 for £37,000. Since then, the value has increased by £89,874, representing a 242.9% increase, or approximately 8.8% per year.

The current estimated value of £126,874 is:

  • 4.6% lower than the average property price on Portman Mews
  • 7.3% lower than the average in the NE2 1TB postcode area
  • and 52.1% lower than the average price for Newcastle Upon Tyne as a whole

View sold house prices in NE2 1TB

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
786 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£126,874
Price Per sq ft (estimate)
£161
Bedroom Count (estimate)
2 bedrooms

EPC Summary

5 Portman Mews, Newcastle Upon Tyne, Tyne And Wear, NE2 1TB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 12 Dec 2017.

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.

The previous EPC assessment was conducted on 9 Oct 2008, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 97.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from no system present: electric heaters assumed to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The wall construction or insulation changed from solid brick, as built, partial insulation (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from average to poor.
  • The windows were upgraded from single glazed to fully double glazed.
  • 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
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE2 1TB

6 th / 14
Price Rank
7% lower than average
4 th / 14
Size Rank
7% bigger than average
10 th / 14
Price Per Sq FT Rank
13% lower than average

Compared to other properties in NE2 1TB , this flat's estimated value ranks 6th out of 14. Based on price per square foot, it ranks 10th out of 14 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 4th out of 14 properties in its postcode area.

Sale History

Today
£126,874
streetscan.co.uk estimate
+243 %
12 Jun 1998
£37,000
Leasehold

Area Insights

Similar Properties Sold Nearby

4 Portman Mews, Newcastle Upon Tyne, NE2 1TB
rooms: 3
size: 775 sq ft
sale price: £160,000
sale date: 23 Dec 2004
16 Portman Mews, Newcastle Upon Tyne, NE2 1TB
rooms: 4
size: 753 sq ft
sale price: £50,000
sale date: 27 Mar 2002
6 Portman Mews, Newcastle Upon Tyne, NE2 1TB
rooms: 3
size: 764 sq ft
sale price: £38,800
sale date: 1 Jun 2001
18 Portman Mews, Newcastle Upon Tyne, NE2 1TB
rooms: 3
size: 710 sq ft
sale price: £40,500
sale date: 1 Jun 2001
13 Portman Mews, Newcastle Upon Tyne, NE2 1TB
rooms: 3
size: 710 sq ft
sale price: £35,400
sale date: 1 Jun 2001

Data Sources

The property at 5 Portman Mews, Newcastle Upon Tyne, Tyne And Wear, NE2 1TB appears once in the Land Registry records, with the transaction recorded on 12 Jun 1998. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Dec 2017. 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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