2 Cornhill Avenue

    2, CORNHILL AVENUE, NEWCASTLE UPON TYNE, NE3 2ST

    This semi-detached freehold property on Cornhill Avenue last sold in January 2018 for £174,000. Based on price growth in the NE3 district since then, its estimated current value is £229,754 — placing it in the 32nd percentile nationally and the 40th percentile within NE3. The property covers 86 m² (926 sq ft), giving an estimated value of £2,672 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £174,000

    Jan 2018

    Estimated Valuation

    £229,754

    Est. £/sq ft

    £248/sq ft

    £2,672/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area926 sq ft (86 m²)
    EPC dateFeb 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Jan 2018

    £174,000

    11 Jul 2014

    £160,000

    Key Metrics

    Estimated valuation£229,754
    Value per sq ft / m²£248/sq ft (£2,672/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile40th percentile
    National percentile32nd 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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