Flat I Pavilion Mews, 2a Gowan Terrace

    FLAT I PAVILION MEWS, 2A, GOWAN TERRACE, NEWCASTLE UPON TYNE, NE2 2PS

    This flat/maisonette leasehold property on Gowan Terrace last sold in August 2015 for £152,500. Based on price growth in the NE2 district since then, its estimated current value is £176,761 — placing it in the 19th percentile nationally and the 19th percentile within NE2. The property covers 42 m² (452 sq ft), giving an estimated value of £4,209 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    452 sq ft

    42 m²

    Last Sale Price

    £152,500

    Aug 2015

    Estimated Valuation

    £176,761

    Est. £/sq ft

    £391/sq ft

    £4,209/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area452 sq ft (42 m²)
    EPC dateMay 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    28 Aug 2015

    £152,500

    1 Nov 2011

    £146,000

    22 Nov 2002

    £131,000

    1 Feb 2001

    £89,950

    Key Metrics

    Estimated valuation£176,761
    Value per sq ft / m²£391/sq ft (£4,209/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile19th percentile
    National percentile19th 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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