62 Gillies Street

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

    This terraced freehold property on Gillies Street last sold in May 2013 for £40,000. Based on price growth in the NE6 district since then, its estimated current value is £69,367 — placing it in the 1st percentile nationally and the 4th percentile within NE6. The property covers 51 m² (549 sq ft), giving an estimated value of £1,360 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £40,000

    May 2013

    Estimated Valuation

    £69,367

    Est. £/sq ft

    £126/sq ft

    £1,360/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area549 sq ft (51 m²)
    EPC dateAug 2022
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 May 2013

    £40,000

    10 Nov 2009

    £50,000

    30 Jul 2004

    £39,000

    19 Dec 1995

    £17,950

    Key Metrics

    Estimated valuation£69,367
    Value per sq ft / m²£126/sq ft (£1,360/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE6 district percentile4th percentile
    National percentile1st 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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