29 Second Avenue

    29, SECOND AVENUE, NEWCASTLE UPON TYNE, NE6 5XT

    This flat/maisonette leasehold property on Second Avenue last sold in November 2015 for £83,000. Based on price growth in the NE6 district since then, its estimated current value is £106,969 — placing it in the 5th percentile nationally and the 16th percentile within NE6. The property covers 50 m² (538 sq ft), giving an estimated value of £2,139 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £83,000

    Nov 2015

    Estimated Valuation

    £106,969

    Est. £/sq ft

    £199/sq ft

    £2,139/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area538 sq ft (50 m²)
    EPC dateFeb 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Nov 2015

    £83,000

    28 Sept 2007

    £102,351

    16 May 1997

    £29,500

    Key Metrics

    Estimated valuation£106,969
    Value per sq ft / m²£199/sq ft (£2,139/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE6 district percentile16th percentile
    National percentile5th 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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