2 North Jesmond Avenue

    2, NORTH JESMOND AVENUE, NEWCASTLE UPON TYNE, NE2 3JX

    This detached freehold property on North Jesmond Avenue last sold in November 2021 for £725,000. Based on price growth in the NE2 district since then, its estimated current value is £880,512 — placing it in the 94th percentile nationally and the 94th percentile within NE2. The property covers 217 m² (2,336 sq ft), giving an estimated value of £4,058 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,336 sq ft

    217 m²

    Last Sale Price

    £725,000

    Nov 2021

    Estimated Valuation

    £880,512

    Est. £/sq ft

    £377/sq ft

    £4,058/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms11
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area2,336 sq ft (217 m²)
    EPC dateApr 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Nov 2021

    £725,000

    12 Apr 2007

    £640,000

    Key Metrics

    Estimated valuation£880,512
    Value per sq ft / m²£377/sq ft (£4,058/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile94th percentile
    National percentile94th 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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