8A, Victoria Square
8A, Victoria Square
Description & Estimates
8A, Victoria Square, Newcastle Upon Tyne is recorded publicly as a period leasehold apartment across 1,002 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8A, Victoria Square, Newcastle Upon Tyne is £200,656 and its rental estimate is £1,257 per month, given the available information and assuming reasonable condition.
8, Victoria Square is a residential building on Victoria Square, Newcastle Upon Tyne, NE2 and falls within the NE2 postal district and the borough of Newcastle upon Tyne.
Our Data Sources
8A, Victoria Square, Newcastle Upon Tyne has 31 entries in the Land Registry , most recently in February 2015 and a single entry in the EPC database dated May 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 8A, Victoria Square, Newcastle Upon Tyne, we estimate a market value of £210,689 and a rental value of £1,320 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £186,610 and £1,169 per month respectively.
Recent Market Change
Over the last year, 8A, Victoria Square, Newcastle Upon Tyne has seen its estimated sale value grow by £1,038 (0.5%) and its estimated rental value climb by £30 per month (2.4%). This results in an estimated gross rental yield of 7.5%.
Energy Efficiency
8A, Victoria Square, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 May 2010.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8A, Victoria Square, Newcastle Upon Tyne completed on 10th February 2015 at £151,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 12.4% over the period since February 2015.
- Sold Feb 2015£151,000
- Sold Jul 2002£126,000
- Sold May 2000£70,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8A, Victoria Square, Newcastle Upon Tyne have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st May 2024, was 8D , Victoria Square, Newcastle Upon Tyne, NE2 4DE, a leasehold flat which sold for £210,000.
Read more about house prices in NE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 77 addresses on Victoria Square, Newcastle Upon Tyne, NE2, 8A, Victoria Square, Newcastle Upon Tyne comes out as the 7th largest and the 5th most expensive in our analysis of the public data.
It is also £63k less expensive than the average property across the NE2 district.
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Schools Nearby
- 700mChrist Church CofE Primary School
- 900mSt Catherine's Catholic Primary School
- 1.1kmHotspur Primary School
- 1.7kmNorth East Futures UTC
- 1.9kmJesmond Park Academy
- 3.1kmSt Mary's Catholic School
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Public Transport Nearby
From 8A, Victoria Square, Newcastle Upon Tyne, the nearest station is Manors, 900 metres away.
- 900mManors
- 1.5kmNewcastle
- 4.0kmDunston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
