Apartment 5, 24 Akenside Terrace, Newcastle Upon Tyne, NE2 1TN is a leasehold flat built between 2003-2006. The property offers approximately 764 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £227,861 , which equates to approximately £298 per square foot. It was last sold on 29 May 2024 for £215,000. Since then, the value has increased by £12,861, representing a 6.0% increase, or approximately 3.9% per year.

The current estimated value of £227,861 is:

  • 32.8% lower than the average property price on Akenside Terrace
  • 35.4% lower than the average in the NE2 1TN postcode area
  • and 14.0% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 6 September 2023, the property was recorded as owner-occupied.

View sold house prices in NE2 1TN

Building approximate location

About Property

Type
Terraced Maisonette
Built
2003-2006
Interior Size
764 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£227,861
Price Per sq ft (estimate)
£298
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 5, 24 Akenside Terrace, Newcastle Upon Tyne, Tyne And Wear, NE2 1TN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 6 Sep 2023.

This property uses electric room heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 13 Jul 2012, and the property received the same rating of C with an unchanged energy efficiency score of 69.

Since the previous assessment, several changes were observed:

  • The heating system changed from electric storage heaters to room heaters, electric, with no change in energy efficiency (very poor).
  • The wall construction or insulation changed from solid brick, with internal insulation to solid brick, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The lighting was updated from low energy lighting in 63% of fixed outlets to low energy lighting in 80% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Pitched, insulated (assumed)
Good
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to NE2 1TN

4 th / 81
Price Rank
35% lower than average
28 th / 56
Size Rank
31% smaller than average
1 st / 56
Price Per Sq FT Rank
7% lower than average

Compared to other properties in NE2 1TN , this maisonette's estimated value ranks 4th out of 81. Based on price per square foot, it ranks 1st out of 56 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 28th out of 56 properties in its postcode area.

Sale History

Today
£227,861
streetscan.co.uk estimate
+6 %
29 May 2024
£215,000
Leasehold
-14 %
22 Oct 2004
£250,000
Leasehold
-50 %
31 Jan 2003
£500,000
Leasehold
+49.2 %
24 Oct 2000
£335,063
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 797 sq ft
sale price: £222,500
sale date: 30 Oct 2024
rooms: 3
size: 775 sq ft
sale price: £200,000
sale date: 6 Sep 2024
rooms: 3
size: 786 sq ft
sale price: £213,500
sale date: 9 May 2024
rooms: 4
size: 743 sq ft
sale price: £155,000
sale date: 8 Dec 2023
rooms: 4
size: 840 sq ft
sale price: £260,000
sale date: 31 Oct 2023

Data Sources

The property at Apartment 5, 24 Akenside Terrace, Newcastle Upon Tyne, NE2 1TN appears four times in the Land Registry records, with the latest transaction recorded on 29 May 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 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.