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According to the public record, Flat 2, 4, Queens Terrace, Newcastle Upon Tyne is a period leasehold apartment with 1,248 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 4, Queens Terrace, Newcastle Upon Tyne is £382,121 and the estimated rental value is £1,253 per month.
The apartment is within 4, Queens Terrace, Newcastle Upon Tyne, NE2.
Queens Terrace, Newcastle Upon Tyne, NE2 is located in the borough of Newcastle upon Tyne within the NE2 postal district.
Flat 2, 4, Queens Terrace, Newcastle Upon Tyne has 2 entries in the Land Registry , most recently in February 2022 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 2, 4, Queens Terrace, Newcastle Upon Tyne is in very good condition we estimate a sale value of £401,227 and a rental value of £1,315 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £355,373 and a rental value of £1,165 per month.
Over the past 12 months, the estimated sale value of Flat 2, 4, Queens Terrace, Newcastle Upon Tyne has moved up by £1,010 (0.3%), while its estimated rental value has increased by £26 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 3.9%.
Flat 2, 4, Queens Terrace, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 4, Queens Terrace, Newcastle Upon Tyne was last sold on 25th February 2022 for £332,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2022, the market for similar properties has dropped by 12.2%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 4, Queens Terrace, Newcastle Upon Tyne within a radius of 390 metres over the last 2 years.
The most recent example is 100B, Osborne Road, Newcastle Upon Tyne, NE2 2TD, a leasehold flat which sold for £290,000 on the 4th October 2022.
Read more about house prices in NE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Queens Terrace, Newcastle Upon Tyne, NE2 has a total of 92 addresses. According to our analysis of all the public data, Flat 2, 4, Queens Terrace, Newcastle Upon Tyne is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £119k more expensive than the average property in NE2.
The closest station to Flat 2, 4, Queens Terrace, Newcastle Upon Tyne is Manors station, which is 2.1 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 4, Queens Terrace, Newcastle Upon Tyne, 56.7% of property is privately rented and 23.3% is privately owned outright.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, 4, Queens Terrace, Newcastle Upon Tyne, 63.1% of residents are recorded as possessing school level qualifications and 38.5% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, 4, Queens Terrace, Newcastle Upon Tyne, the average age was 32.1 and the most common age was 22.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, 4, Queens Terrace, Newcastle Upon Tyne, 0.8% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, 4, Queens Terrace, Newcastle Upon Tyne, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
