2 Palmers Green

    2, PALMERS GREEN, NEWCASTLE UPON TYNE, NE12 9HF

    This detached leasehold property on Palmers Green last sold in April 2024 for £230,000. Based on price growth in the NE12 district since then, its estimated current value is £235,082 — placing it in the 34th percentile nationally and the 62nd percentile within NE12. The property covers 59 m² (635 sq ft), giving an estimated value of £3,984 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £230,000

    Apr 2024

    Estimated Valuation

    £235,082

    Est. £/sq ft

    £370/sq ft

    £3,984/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area635 sq ft (59 m²)
    EPC dateFeb 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Apr 2024

    £230,000

    Key Metrics

    Estimated valuation£235,082
    Value per sq ft / m²£370/sq ft (£3,984/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE12 district percentile62nd percentile
    National percentile34th percentile

    District Context — NE12

    NE12 covers Whitley Bay, Tynemouth and surrounding coastal communities in North Tyneside, north of Newcastle. The area blends seaside residential appeal with established suburban neighbourhoods and a mix of family homes and rental properties.

    Average Property Price - NE12

    £216,740

    17

    National percentile

    Average Net Household Income - NE12

    £36,673

    42

    National percentile

    10-Year Annualised Price Growth - NE12

    2.9%

    25

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE12

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