Flat C, 24
Flat C, 24
Description & Estimates
According to the public record, Flat C, 24, Victoria Square, Newcastle Upon Tyne is a period leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat C, 24, Victoria Square, Newcastle Upon Tyne is £144,350 and the estimated rental value is £1,074 per month.
The apartment is within 24, Victoria Square, Newcastle Upon Tyne, NE2.
Victoria Square, Newcastle Upon Tyne, NE2 is located in the borough of Newcastle upon Tyne within the NE2 postal district.
Our Data Sources
Flat C, 24, Victoria Square, Newcastle Upon Tyne has 21 entries in the Land Registry , most recently in November 2019 and a single entry in the EPC database dated April 2014.
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
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 C, 24, Victoria Square, Newcastle Upon Tyne is in very good condition we estimate a sale value of £151,568 and a rental value of £1,128 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,246 and a rental value of £999 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat C, 24, Victoria Square, Newcastle Upon Tyne has moved up by £52 (0.0%), while its estimated rental value has increased by £21 per month (2.0%). Based on current estimates, the property offers a gross rental yield of 8.9%.
Energy Efficiency
Flat C, 24, Victoria Square, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Apr 2014.
The property is not connected to mains gas and has partial secondary glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat C, 24, Victoria Square, Newcastle Upon Tyne was last sold on 29th November 2019 for £129,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2019, the market for similar properties has risen by 5.7%.
- Sold Nov 2019£129,000
- Sold Dec 1998£46,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat C, 24, Victoria Square, Newcastle Upon Tyne within a radius of 450 metres over the last 2 years.
The most recent example is 8B , Victoria Square, Newcastle Upon Tyne, NE2 4DE, a leasehold flat which sold for £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 Feb 2022£145,000 | 2 Bed Flat24, Victoria SquareFlat B, 24, Victoria Square, Newcastle Upon Tyne, NE2 4DE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Victoria Square, Newcastle Upon Tyne, NE2 has a total of 77 addresses. According to our analysis of all the public data, Flat C, 24, Victoria Square, Newcastle Upon Tyne is the 59th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in NE2.
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
The closest station to Flat C, 24, Victoria Square, Newcastle Upon Tyne is Manors station, which is 900 metres away.
- 900mManors
- 1.5kmNewcastle
- 4.0kmDunston
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
