23 Lily Avenue

    23, LILY AVENUE, NEWCASTLE UPON TYNE, NE2 2SQ

    This terraced freehold property on Lily Avenue last sold in August 2016 for £400,000. Based on price growth in the NE2 district since then, its estimated current value is £498,636 — placing it in the 79th percentile nationally and the 78th percentile within NE2. The property covers 150 m² (1,615 sq ft), giving an estimated value of £3,324 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,615 sq ft

    150 m²

    Last Sale Price

    £400,000

    Aug 2016

    Estimated Valuation

    £498,636

    Est. £/sq ft

    £309/sq ft

    £3,324/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,615 sq ft (150 m²)
    EPC dateDec 2015
    WallsSolid brick, with internal insulation
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Aug 2016

    £400,000

    24 Jul 2009

    £295,000

    Key Metrics

    Estimated valuation£498,636
    Value per sq ft / m²£309/sq ft (£3,324/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile78th percentile
    National percentile79th 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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