8 Magnolia Drive

    8, MAGNOLIA DRIVE, NEWCASTLE UPON TYNE, NE5 3QG

    This detached freehold property on Magnolia Drive last sold in June 2020 for £204,995. Based on price growth in the NE5 district since then, its estimated current value is £255,251 — placing it in the 39th percentile nationally and the 81st percentile within NE5. The property covers 85 m² (915 sq ft), giving an estimated value of £3,003 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £204,995

    Jun 2020

    Estimated Valuation

    £255,251

    Est. £/sq ft

    £279/sq ft

    £3,003/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2020
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area915 sq ft (85 m²)
    EPC dateJun 2020
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Jun 2020

    New build

    £204,995

    Key Metrics

    Estimated valuation£255,251
    Value per sq ft / m²£279/sq ft (£3,003/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile81st percentile
    National percentile39th 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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