242, Simonside Terrace, NE6 5DR
242 Simonside Terrace is a 70 m² flat in Newcastle Upon Tyne. It sold for £130,000 in Sep 2018.
- Sale history
-
Date Paid price Tenure Annual growth After inflation Sep 2018 £130,000 Leasehold 177.4% 170.6% Apr 2018 £85,000 * Leasehold -35.4% -36.8% Jun 2017 £123,000 Freehold 5.3% 3.2% Feb 2009 £80,000 Leasehold 0.0% -2.8% Mar 2006 £80,000 Leasehold na na *This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.
- Internal area
- 70 square metres (753 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £1,857 per square metre (£173 per square foot) in Sep 2018. Indexed forward to today's value, this is roughly £2,752 per square metre (£256 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Sep 2018 £130,000 £1,857 £192,646 £2,752 Apr 2018 £85,000 £1,214 £123,963 £1,771 Jun 2017 £123,000 £1,757 £186,100 £2,659 Feb 2009 £80,000 £1,143 £109,123 £1,559 Mar 2006 £80,000 £1,143 £128,486 £1,836 Calculated using the latest EPC internal area of 70 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £192,646. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Newcastle Upon Tyne are now selling for between £2,140 and £2,860 per square metre (£198 and £265 per square foot). Based on an internal area of 70 m², this implies a valuation between £150,000 and £200,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- 2
- Type
- Flat
- Council tax band
- A
- Summary:
- 12 June 2018 - energy performance certificate grade C
- Reason for EPC:
- Marketed sale
- Tenure:
- Owner-occupied
- Property type:
- 1st floor flat in an apartment block with 1 storeys , has 3 habitable rooms. Estimated year built 1900 to 1929
- Area:
- 70 sqm (753 square foot) total internal area
- Comments:
- Walls: Solid brick, as built, no insulation (assumed). Roof: (another dwelling above). Heating: Boiler and radiators, mains gas.