7 Albemarle Avenue

    7, ALBEMARLE AVENUE, NEWCASTLE UPON TYNE, NE2 3NQ

    This terraced freehold property on Albemarle Avenue last sold in May 2021 for £490,000. Based on price growth in the NE2 district since then, its estimated current value is £556,938 — placing it in the 83rd percentile nationally and the 83rd percentile within NE2. The property covers 129 m² (1,389 sq ft), giving an estimated value of £4,317 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,389 sq ft

    129 m²

    Last Sale Price

    £490,000

    May 2021

    Estimated Valuation

    £556,938

    Est. £/sq ft

    £401/sq ft

    £4,317/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,389 sq ft (129 m²)
    EPC dateAug 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 May 2021

    £490,000

    19 Aug 2014

    £325,000

    5 Jan 2010

    £310,000

    30 Jun 2006

    £307,500

    5 Aug 1999

    £125,000

    Key Metrics

    Estimated valuation£556,938
    Value per sq ft / m²£401/sq ft (£4,317/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile83rd percentile
    National percentile83rd 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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