8 Abbey Drive

    8, ABBEY DRIVE, NEWCASTLE UPON TYNE, NE5 1QR

    This detached freehold property on Abbey Drive last sold in February 2019 for £375,000. Based on price growth in the NE5 district since then, its estimated current value is £550,326 — placing it in the 83rd percentile nationally and the 99th percentile within NE5. The property covers 129 m² (1,389 sq ft), giving an estimated value of £4,266 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,389 sq ft

    129 m²

    Last Sale Price

    £375,000

    Feb 2019

    Estimated Valuation

    £550,326

    Est. £/sq ft

    £396/sq ft

    £4,266/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,389 sq ft (129 m²)
    EPC dateOct 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Feb 2019

    £375,000

    Key Metrics

    Estimated valuation£550,326
    Value per sq ft / m²£396/sq ft (£4,266/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile99th percentile
    National percentile83rd 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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