50 Mitchell Avenue

    50, MITCHELL AVENUE, NEWCASTLE UPON TYNE, NE2 3LA

    This semi-detached freehold property on Mitchell Avenue last sold in August 2018 for £650,000. Based on price growth in the NE2 district since then, its estimated current value is £1,062,857 — placing it in the 96th percentile nationally and the 96th percentile within NE2. The property covers 195 m² (2,099 sq ft), giving an estimated value of £5,451 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    2,099 sq ft

    195 m²

    Last Sale Price

    £650,000

    Aug 2018

    Estimated Valuation

    £1,062,857

    Est. £/sq ft

    £506/sq ft

    £5,451/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,099 sq ft (195 m²)
    EPC dateMar 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Aug 2018

    £650,000

    Key Metrics

    Estimated valuation£1,062,857
    Value per sq ft / m²£506/sq ft (£5,451/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile96th percentile
    National percentile96th 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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