Flat 1, 4
Flat 1, 4
Description & Estimates
Public records show Flat 1, 4, Victoria Square, Newcastle Upon Tyne to be a period leasehold apartment with 538 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
Flat 1, 4, Victoria Square, Newcastle Upon Tyne has an estimated sale value of £141,278 and an estimated rental value of £1,068 per month, assuming reasonable condition and based on the information available.
The apartment sits within 4, Victoria Square, Newcastle Upon Tyne, NE2.
Victoria Square, Newcastle Upon Tyne, NE2 lies in the borough of Newcastle upon Tyne, within the NE2 postal district.
Our Data Sources
Flat 1, 4, Victoria Square, Newcastle Upon Tyne has 41 entries in the Land Registry , most recently in November 2014 and a single entry in the EPC database dated August 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 1, 4, Victoria Square, Newcastle Upon Tyne would be worth £148,342, with a potential rental value of £1,121 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £131,388, with a rental value of £993 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, 4, Victoria Square, Newcastle Upon Tyne has moved up by £530 (0.4%) over the last year. During the same period, its estimated monthly rental value has increased by £24 (2.3%). The property's estimated gross yield is currently 9.1%.
Energy Efficiency
Flat 1, 4, Victoria Square, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Aug 2019.
The property is connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 1, 4, Victoria Square, Newcastle Upon Tyne last changed hands on 7th November 2014, selling for £97,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 21.5% since November 2014.
- Sold Nov 2014£97,500
- Sold Jul 2000£59,000
- Sold Aug 1998£49,250
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 480 metres of Flat 1, 4, Victoria Square, Newcastle Upon Tyne across the last 2 years.
Most recently, 8B , Victoria Square, Newcastle Upon Tyne, NE2 4DE, a leasehold flat, sold at £142,500 on the 27th September 2024.
Read more about house prices in NE2.
- Sold Sep 2024£142,500 | 2 Bed FlatVictoria Square8B , Victoria Square, Newcastle Upon Tyne, NE2 4DE
- Sold Aug 2024£160,000 | 2 Bed FlatSloane Court7, Sloane Court, Newcastle Upon Tyne, NE2 4PF
- Sold Sep 2021£115,000 | 2 Bed Flat28, Victoria SquareFlat F, 28, Victoria Square, Newcastle Upon Tyne, NE2 4DE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 1, 4, Victoria Square, Newcastle Upon Tyne as the 60th largest and the 60th most expensive of the 77 addresses on Victoria Square, Newcastle Upon Tyne, NE2.
Against the NE2 postcode district average, it is £122k less expensive than the typical property.
More reading links
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
More reading links
Public Transport Nearby
Manors station is the nearest stop to Flat 1, 4, Victoria Square, Newcastle Upon Tyne at 900 metres away.
- 900mManors
- 1.5kmNewcastle
- 4.0kmDunston
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
