58 Eighth Avenue

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

    This flat/maisonette leasehold property on Eighth Avenue last sold in April 2020 for £115,000. Based on price growth in the NE6 district since then, its estimated current value is £149,363 — placing it in the 12th percentile nationally and the 35th percentile within NE6. The property covers 80 m² (861 sq ft), giving an estimated value of £1,867 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £115,000

    Apr 2020

    Estimated Valuation

    £149,363

    Est. £/sq ft

    £173/sq ft

    £1,867/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area861 sq ft (80 m²)
    EPC dateDec 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Apr 2020

    £115,000

    2 Aug 2002

    £75,000

    10 Mar 2000

    £40,000

    Key Metrics

    Estimated valuation£149,363
    Value per sq ft / m²£173/sq ft (£1,867/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE6 district percentile35th percentile
    National percentile12th 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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