Flat 3 59 Fern Avenue

    FLAT 3 59, FERN AVENUE, JESMOND, NEWCASTLE UPON TYNE, NE2 2QU

    This flat/maisonette leasehold property on Fern Avenue last sold in December 2021 for £225,000. Based on price growth in the NE2 district since then, its estimated current value is £240,779 — placing it in the 35th percentile nationally and the 42nd percentile within NE2. The property covers 70 m² (753 sq ft), giving an estimated value of £3,440 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £225,000

    Dec 2021

    Estimated Valuation

    £240,779

    Est. £/sq ft

    £320/sq ft

    £3,440/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area753 sq ft (70 m²)
    EPC dateDec 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Dec 2021

    £225,000

    26 Jul 2018

    £218,731

    17 Aug 2001

    £95,000

    Key Metrics

    Estimated valuation£240,779
    Value per sq ft / m²£320/sq ft (£3,440/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile42nd percentile
    National percentile35th 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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