18 Cornel Road

    18, CORNEL ROAD, NEWCASTLE UPON TYNE, NE7 7PT

    This flat/maisonette leasehold property on Cornel Road last sold in February 2020 for £120,000. Based on price growth in the NE7 district since then, its estimated current value is £135,902 — placing it in the 10th percentile nationally and the 10th percentile within NE7. The property covers 58 m² (624 sq ft), giving an estimated value of £2,343 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £120,000

    Feb 2020

    Estimated Valuation

    £135,902

    Est. £/sq ft

    £218/sq ft

    £2,343/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area624 sq ft (58 m²)
    EPC dateDec 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Feb 2020

    £120,000

    22 Oct 2004

    £127,000

    20 Sept 2002

    £82,500

    Key Metrics

    Estimated valuation£135,902
    Value per sq ft / m²£218/sq ft (£2,343/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE7 district percentile10th percentile
    National percentile10th percentile

    District Context — NE7

    NE7 covers central Newcastle and surrounding neighbourhoods in the northeast of the city. It is a mixed residential and urban area with strong professional employment and established community appeal.

    Average Property Price - NE7

    £268,320

    33

    National percentile

    Average Net Household Income - NE7

    £43,944

    73

    National percentile

    10-Year Annualised Price Growth - NE7

    3.2%

    36

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE7

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