24 Seventh Avenue

    24, SEVENTH AVENUE, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE6 5YD

    This flat/maisonette leasehold property on Seventh Avenue last sold in December 2007 for £108,000. Based on price growth in the NE6 district since then, its estimated current value is £139,375 — placing it in the 10th percentile nationally and the 30th percentile within NE6. The property covers 47 m² (506 sq ft), giving an estimated value of £2,965 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £108,000

    Dec 2007

    Estimated Valuation

    £139,375

    Est. £/sq ft

    £275/sq ft

    £2,965/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area506 sq ft (47 m²)
    EPC dateSept 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Dec 2007

    £108,000

    14 Jul 2006

    £91,450

    10 Oct 2005

    £117,000

    3 Jul 2001

    £42,500

    2 Mar 2001

    £30,000

    23 Dec 1998

    £38,500

    Key Metrics

    Estimated valuation£139,375
    Value per sq ft / m²£275/sq ft (£2,965/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE6 district percentile30th percentile
    National percentile10th 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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