Flat 2 1 Fernwood Road

    FLAT 2 1, FERNWOOD ROAD, JESMOND, NEWCASTLE UPON TYNE, NE2 1TJ

    This flat/maisonette leasehold property on Fernwood Road last sold in November 2023 for £276,000. Based on price growth in the NE2 district since then, its estimated current value is £276,945 — placing it in the 44th percentile nationally and the 50th percentile within NE2. The property covers 106 m² (1,141 sq ft), giving an estimated value of £2,613 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,141 sq ft

    106 m²

    Last Sale Price

    £276,000

    Nov 2023

    Estimated Valuation

    £276,945

    Est. £/sq ft

    £243/sq ft

    £2,613/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,141 sq ft (106 m²)
    EPC dateJan 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Nov 2023

    £276,000

    30 Apr 2021

    £247,500

    9 Jun 2017

    £215,000

    Key Metrics

    Estimated valuation£276,945
    Value per sq ft / m²£243/sq ft (£2,613/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile50th percentile
    National percentile44th percentile

    District Context — NE2

    NE2 covers central Newcastle upon Tyne, including the city centre and surrounding urban neighbourhoods. It is characterised by a young, student-dominated population within a vibrant urban setting with strong rental demand.

    Average Property Price - NE2

    £361,932

    59

    National percentile

    Average Net Household Income - NE2

    £28,827

    6

    National percentile

    10-Year Annualised Price Growth - NE2

    2.6%

    18

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE2

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