Flat 32 Russell Court, 3 Adderstone Crescent

    FLAT 32 RUSSELL COURT, 3, ADDERSTONE CRESCENT, NEWCASTLE UPON TYNE, NE2 2HH

    This flat/maisonette leasehold property on Adderstone Crescent last sold in August 2024 for £165,000. Based on price growth in the NE2 district since then, its estimated current value is £180,991 — placing it in the 20th percentile nationally and the 21st percentile within NE2. The property covers 37 m² (398 sq ft), giving an estimated value of £4,892 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    398 sq ft

    37 m²

    Last Sale Price

    £165,000

    Aug 2024

    Estimated Valuation

    £180,991

    Est. £/sq ft

    £454/sq ft

    £4,892/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area398 sq ft (37 m²)
    EPC dateAug 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    9 Aug 2024

    £165,000

    1 Jul 2021

    £105,000

    13 Oct 2006

    £135,000

    5 Aug 2002

    £89,000

    Key Metrics

    Estimated valuation£180,991
    Value per sq ft / m²£454/sq ft (£4,892/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile21st percentile
    National percentile20th 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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