56 Gillies Street, Newcastle Upon Tyne, NE6 2JP is a leasehold flat built between 1950-1966. The property offers approximately 560 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £54,839 , which equates to approximately £98 per square foot. It was last sold on 23 Oct 2017 for £45,000. Since then, the value has increased by £9,839, representing a 21.9% increase, or approximately 2.7% per year.

The current estimated value of £54,839 is:

  • 40.2% lower than the average property price on Gillies Street
  • 36.1% lower than the average in the NE6 2JP postcode area
  • and 81.5% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 23 June 2023, the property was recorded as rented.

View sold house prices in NE6 2JP

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
560 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£54,839
Price Per sq ft (estimate)
£98
Bedroom Count (estimate)
1 bedroom

EPC Summary

56 Gillies Street, Newcastle Upon Tyne, Tyne And Wear, NE6 2JP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 23 Jun 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.

The previous EPC assessment was conducted on 12 May 2015, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 16.4%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, 300 mm loft insulation, improving energy efficiency from good to very good.
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from low energy lighting in 62% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE6 2JP

19 th / 31
Price Rank
36% lower than average
21 st / 27
Size Rank
18% smaller than average
10 th / 27
Price Per Sq FT Rank
22% lower than average

Compared to other properties in NE6 2JP , this flat's estimated value ranks 19th out of 31. Based on price per square foot, it ranks 10th out of 27 properties. In terms of size, this home ranks 21th out of 27 properties in its postcode area.

Sale History

Today
£54,839
streetscan.co.uk estimate
+22 %
23 Oct 2017
£45,000
Leasehold
-47.1 %
14 Jan 2008
£85,000
Leasehold
+25 %
25 Jun 2007
£68,000
Leasehold
+257.9 %
22 Apr 2002
£19,000
Leasehold

Area Insights

Nearby Properties

rooms: 4
size: 667 sq ft
sale price: £52,800
sale date: 29 Jun 2017
rooms: 5
size: 861 sq ft
sale price: £130,000
sale date: 22 Apr 2024
rooms: 5
size: 904 sq ft
sale price: £120,000
sale date: 26 Aug 2022
rooms: 4
size: 721 sq ft
sale price: £62,000
sale date: 14 Jul 2017
rooms: 2
size: 549 sq ft
sale price: £40,000
sale date: 14 May 2013

Data Sources

The property at 56 Gillies Street, Newcastle Upon Tyne, NE6 2JP appears four times in the Land Registry records, with the latest transaction recorded on 23 Oct 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Jun 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.