Flat 1, 8 Akenside Terrace, Newcastle Upon Tyne, NE2 1TN is a leasehold flat built between 1900-1929. The property offers approximately 700 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £161,737 , which equates to approximately £231 per square foot. It was last sold on 9 Sep 2021 for £145,000. Since then, the value has increased by £16,737, representing a 11.5% increase, or approximately 2.7% per year.

The current estimated value of £161,737 is:

  • 52.3% lower than the average property price on Akenside Terrace
  • 54.1% lower than the average in the NE2 1TN postcode area
  • and 39.0% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 26 August 2020, the property was recorded as owner-occupied.

View sold house prices in NE2 1TN

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
700 sq ft
Tenure
Leasehold
Price (estimate)
£161,737
Price Per sq ft (estimate)
£231
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 1, 8 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 26 Aug 2020.

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.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE2 1TN

47 th / 81
Price Rank
54% lower than average
38 th / 56
Size Rank
36% smaller than average
34 th / 56
Price Per Sq FT Rank
28% lower than average

Compared to other properties in NE2 1TN , this flat's estimated value ranks 47th out of 81. Based on price per square foot, it ranks 34th out of 56 properties. In terms of size, this home ranks 38th out of 56 properties in its postcode area.

Sale History

Today
£161,737
streetscan.co.uk estimate
+12 %
9 Sep 2021
£145,000
Leasehold
-1.4 %
6 Apr 2006
£147,000
Leasehold
+110 %
29 Jun 2001
£70,000
Leasehold
+17.2 %
17 Jan 1997
£59,750
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: 764 sq ft
sale price: £215,000
sale date: 29 May 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

Data Sources

The property at Flat 1, 8 Akenside Terrace, Newcastle Upon Tyne, NE2 1TN appears four times in the Land Registry records, with the latest transaction recorded on 9 Sep 2021. It also has a single Energy Performance Certificate (EPC) from 26 Aug 2020. 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.