24 Eighth Avenue

    24, EIGHTH AVENUE, NEWCASTLE UPON TYNE, NE6 5YB

    This flat/maisonette leasehold property on Eighth Avenue last sold in October 2016 for £121,500. Based on price growth in the NE6 district since then, its estimated current value is £171,874 — placing it in the 17th percentile nationally and the 48th percentile within NE6. The property covers 68 m² (732 sq ft), giving an estimated value of £2,528 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £121,500

    Oct 2016

    Estimated Valuation

    £171,874

    Est. £/sq ft

    £235/sq ft

    £2,528/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area732 sq ft (68 m²)
    EPC dateJul 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Oct 2016

    £121,500

    30 Jul 1998

    £32,250

    Key Metrics

    Estimated valuation£171,874
    Value per sq ft / m²£235/sq ft (£2,528/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE6 district percentile48th percentile
    National percentile17th 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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