21 Towers Avenue

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

    This terraced freehold property on Towers Avenue last sold in September 2019 for £534,000. Based on price growth in the NE2 district since then, its estimated current value is £616,590 — placing it in the 87th percentile nationally and the 86th percentile within NE2. The property covers 181 m² (1,948 sq ft), giving an estimated value of £3,407 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,948 sq ft

    181 m²

    Last Sale Price

    £534,000

    Sept 2019

    Estimated Valuation

    £616,590

    Est. £/sq ft

    £317/sq ft

    £3,407/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms10
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,948 sq ft (181 m²)
    EPC dateSept 2012
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Sept 2019

    £534,000

    Key Metrics

    Estimated valuation£616,590
    Value per sq ft / m²£317/sq ft (£3,407/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile86th percentile
    National percentile87th 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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