2 Hillhead Parkway

    2, HILLHEAD PARKWAY, NEWCASTLE UPON TYNE, NE5 1LF

    This detached leasehold property on Hillhead Parkway last sold in March 2019 for £205,000. Based on price growth in the NE5 district since then, its estimated current value is £300,845 — placing it in the 49th percentile nationally and the 89th percentile within NE5. The property covers 86 m² (926 sq ft), giving an estimated value of £3,498 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £205,000

    Mar 2019

    Estimated Valuation

    £300,845

    Est. £/sq ft

    £325/sq ft

    £3,498/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area926 sq ft (86 m²)
    EPC dateAug 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Mar 2019

    £205,000

    24 Aug 2006

    £175,000

    Key Metrics

    Estimated valuation£300,845
    Value per sq ft / m²£325/sq ft (£3,498/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile89th percentile
    National percentile49th percentile

    District Context — NE5

    NE5 covers areas in the west of Newcastle upon Tyne, sitting within the broader North East region. It is a mixed residential community with a diverse socioeconomic profile.

    Average Property Price - NE5

    £200,588

    12

    National percentile

    Average Net Household Income - NE5

    £34,218

    27

    National percentile

    10-Year Annualised Price Growth - NE5

    4.8%

    85

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE5

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