1 Gowan Terrace

    1, GOWAN TERRACE, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE2 2PS

    This terraced freehold property on Gowan Terrace last sold in September 1996 for £97,000. Based on price growth in the NE2 district since then, its estimated current value is £524,531 — placing it in the 81st percentile nationally and the 80th percentile within NE2. The property covers 175 m² (1,884 sq ft), giving an estimated value of £2,997 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,884 sq ft

    175 m²

    Last Sale Price

    £97,000

    Sept 1996

    Estimated Valuation

    £524,531

    Est. £/sq ft

    £278/sq ft

    £2,997/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,884 sq ft (175 m²)
    EPC dateJan 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Sept 1996

    £97,000

    Key Metrics

    Estimated valuation£524,531
    Value per sq ft / m²£278/sq ft (£2,997/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile80th percentile
    National percentile81st 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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