2 Rectory Avenue

    2, RECTORY AVENUE, NEWCASTLE UPON TYNE, NE3 1XS

    This detached freehold property on Rectory Avenue last sold in May 2019 for £595,000. Based on price growth in the NE3 district since then, its estimated current value is £688,024 — placing it in the 90th percentile nationally and the 93rd percentile within NE3. The property covers 162 m² (1,744 sq ft), giving an estimated value of £4,247 per m². The EPC rating is D, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,744 sq ft

    162 m²

    Last Sale Price

    £595,000

    May 2019

    Estimated Valuation

    £688,024

    Est. £/sq ft

    £395/sq ft

    £4,247/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialD
    Floor area1,744 sq ft (162 m²)
    EPC dateDec 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 May 2019

    £595,000

    15 Jul 2011

    £350,000

    Key Metrics

    Estimated valuation£688,024
    Value per sq ft / m²£395/sq ft (£4,247/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile93rd percentile
    National percentile90th 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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