54 Cornel Road

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

    This flat/maisonette leasehold property on Cornel Road last sold in December 2016 for £109,000. Based on price growth in the NE7 district since then, its estimated current value is £135,743 — placing it in the 10th percentile nationally and the 10th percentile within NE7. The property covers 59 m² (635 sq ft), giving an estimated value of £2,301 per m². The EPC rating is E, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £109,000

    Dec 2016

    Estimated Valuation

    £135,743

    Est. £/sq ft

    £214/sq ft

    £2,301/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area635 sq ft (59 m²)
    EPC dateDec 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Dec 2016

    £109,000

    25 Sept 2009

    £102,500

    Key Metrics

    Estimated valuation£135,743
    Value per sq ft / m²£214/sq ft (£2,301/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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