31 Towers Avenue

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

    This semi-detached freehold property on Towers Avenue last sold in June 2013 for £642,800. Based on price growth in the NE2 district since then, its estimated current value is £1,092,251 — placing it in the 96th percentile nationally and the 97th percentile within NE2. The property covers 219 m² (2,357 sq ft), giving an estimated value of £4,987 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    2,357 sq ft

    219 m²

    Last Sale Price

    £642,800

    Jun 2013

    Estimated Valuation

    £1,092,251

    Est. £/sq ft

    £463/sq ft

    £4,987/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,357 sq ft (219 m²)
    EPC dateJul 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Jun 2013

    £642,800

    11 Nov 2003

    £342,000

    Key Metrics

    Estimated valuation£1,092,251
    Value per sq ft / m²£463/sq ft (£4,987/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile97th 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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