2 Gosforth Terrace

    2, GOSFORTH TERRACE, NEWCASTLE UPON TYNE, NE3 1RT

    This terraced freehold property on Gosforth Terrace last sold in January 2018 for £295,000. Based on price growth in the NE3 district since then, its estimated current value is £393,846 — placing it in the 66th percentile nationally and the 73rd percentile within NE3. The property covers 122 m² (1,313 sq ft), giving an estimated value of £3,228 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,313 sq ft

    122 m²

    Last Sale Price

    £295,000

    Jan 2018

    Estimated Valuation

    £393,846

    Est. £/sq ft

    £300/sq ft

    £3,228/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,313 sq ft (122 m²)
    EPC dateJul 2017
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Jan 2018

    £295,000

    1 Jun 2007

    £211,000

    Key Metrics

    Estimated valuation£393,846
    Value per sq ft / m²£300/sq ft (£3,228/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile73rd percentile
    National percentile66th percentile

    District Context — NE3

    NE3 covers suburbs and outlying areas in the northeast of Newcastle, extending into surrounding residential neighbourhoods. It is a relatively stable, family-oriented district with a mix of established housing stock and leafy character.

    Average Property Price - NE3

    £315,221

    47

    National percentile

    Average Net Household Income - NE3

    £42,222

    67

    National percentile

    10-Year Annualised Price Growth - NE3

    3.2%

    34

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE3

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