16 Gillies Street

    16, GILLIES STREET, NEWCASTLE UPON TYNE, NE6 2JP

    This terraced freehold property on Gillies Street last sold in February 2012 for £64,000. Based on price growth in the NE6 district since then, its estimated current value is £113,593 — placing it in the 6th percentile nationally and the 19th percentile within NE6. The property covers 46 m² (495 sq ft), giving an estimated value of £2,469 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    495 sq ft

    46 m²

    Last Sale Price

    £64,000

    Feb 2012

    Estimated Valuation

    £113,593

    Est. £/sq ft

    £229/sq ft

    £2,469/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area495 sq ft (46 m²)
    EPC dateMay 2022
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Feb 2012

    £64,000

    12 Jan 2007

    £83,000

    Key Metrics

    Estimated valuation£113,593
    Value per sq ft / m²£229/sq ft (£2,469/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE6 district percentile19th percentile
    National percentile6th percentile

    District Context — NE6

    NE6 covers central Newcastle, including areas around the city's core and northern residential neighbourhoods. It is a mixed urban community with strong rental demand and considerable social housing provision.

    Average Property Price - NE6

    £204,282

    13

    National percentile

    Average Net Household Income - NE6

    £19,923

    2

    National percentile

    10-Year Annualised Price Growth - NE6

    4.1%

    68

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE6

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