17 Towers Avenue

    17, TOWERS AVENUE, NEWCASTLE UPON TYNE, NE2 3QE

    This semi-detached freehold property on Towers Avenue last sold in June 2014 for £570,500. Based on price growth in the NE2 district since then, its estimated current value is £694,906 — placing it in the 90th percentile nationally and the 90th percentile within NE2. The property covers 162 m² (1,744 sq ft), giving an estimated value of £4,290 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,744 sq ft

    162 m²

    Last Sale Price

    £570,500

    Jun 2014

    Estimated Valuation

    £694,906

    Est. £/sq ft

    £399/sq ft

    £4,290/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,744 sq ft (162 m²)
    EPC dateApr 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Jun 2014

    £570,500

    18 Jul 2012

    £435,000

    Key Metrics

    Estimated valuation£694,906
    Value per sq ft / m²£399/sq ft (£4,290/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile90th percentile
    National percentile90th 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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