5 Akenside Terrace

    5, AKENSIDE TERRACE, NEWCASTLE UPON TYNE, NE2 1TN

    This terraced freehold property on Akenside Terrace last sold in May 2015 for £575,000. Based on price growth in the NE2 district since then, its estimated current value is £708,002 — placing it in the 90th percentile nationally and the 90th percentile within NE2. The property covers 298 m² (3,208 sq ft), giving an estimated value of £2,376 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    3,208 sq ft

    298 m²

    Last Sale Price

    £575,000

    May 2015

    Estimated Valuation

    £708,002

    Est. £/sq ft

    £221/sq ft

    £2,376/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area3,208 sq ft (298 m²)
    EPC dateMay 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas, Boiler and radiators, mains gas

    Transaction History

    29 May 2015

    £575,000

    23 Aug 2007

    £450,000

    8 Mar 2002

    £266,000

    Key Metrics

    Estimated valuation£708,002
    Value per sq ft / m²£221/sq ft (£2,376/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile90th percentile
    National percentile90th 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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