Flat 5, 18 Akenside Terrace, Newcastle Upon Tyne, NE2 1TN is a leasehold flat built between 1930-1949. The property offers approximately 743 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £221,202 , which equates to approximately £298 per square foot. It was last sold on 25 Jul 2005 for £180,000. Since then, the value has increased by £41,202, representing a 22.9% increase, or approximately 1.1% per year.

The current estimated value of £221,202 is:

  • 34.8% lower than the average property price on Akenside Terrace
  • 37.3% lower than the average in the NE2 1TN postcode area
  • and 16.6% lower than the average price for Newcastle Upon Tyne as a whole

View sold house prices in NE2 1TN

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
743 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£221,202
Price Per sq ft (estimate)
£298
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 5, 18 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 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.

The previous EPC assessment was conducted on 27 May 2009. The rating of C is unchanged, though the energy efficiency score decreased by 5.3%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, 270 mm loft insulation, with no change in energy efficiency (good).
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The lighting was updated from no low energy lighting to low energy lighting in 63% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 270 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 63% of fixed outlets
Good

Compared to NE2 1TN

25 th / 81
Price Rank
37% lower than average
30 th / 56
Size Rank
33% smaller than average
9 th / 56
Price Per Sq FT Rank
7% lower than average

Compared to other properties in NE2 1TN , this flat's estimated value ranks 25th out of 81. Based on price per square foot, it ranks 9th 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 30th out of 56 properties in its postcode area.

Sale History

Today
£221,202
streetscan.co.uk estimate
+23 %
25 Jul 2005
£180,000
Leasehold
+31.4 %
8 Nov 2001
£137,000
Leasehold
+14.2 %
10 Apr 2001
£120,000
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 5, 18 Akenside Terrace, Newcastle Upon Tyne, NE2 1TN appears three times in the Land Registry records, with the latest transaction recorded on 25 Jul 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 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.