7 Gowan Terrace

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

    This terraced freehold property on Gowan Terrace last sold in August 2022 for £500,000. Based on price growth in the NE2 district since then, its estimated current value is £495,152 — placing it in the 78th percentile nationally and the 77th percentile within NE2. The property covers 147 m² (1,582 sq ft), giving an estimated value of £3,368 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,582 sq ft

    147 m²

    Last Sale Price

    £500,000

    Aug 2022

    Estimated Valuation

    £495,152

    Est. £/sq ft

    £313/sq ft

    £3,368/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,582 sq ft (147 m²)
    EPC dateApr 2012
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Aug 2022

    £500,000

    5 Nov 2020

    £418,500

    Key Metrics

    Estimated valuation£495,152
    Value per sq ft / m²£313/sq ft (£3,368/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile77th percentile
    National percentile78th 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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