70 Cornel Road

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

    This flat/maisonette leasehold property on Cornel Road last sold in August 2021 for £122,500. Based on price growth in the NE7 district since then, its estimated current value is £137,225 — placing it in the 10th percentile nationally and the 11th percentile within NE7. The property covers 64 m² (689 sq ft), giving an estimated value of £2,144 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £122,500

    Aug 2021

    Estimated Valuation

    £137,225

    Est. £/sq ft

    £199/sq ft

    £2,144/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 area689 sq ft (64 m²)
    EPC dateMay 2021
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Aug 2021

    £122,500

    29 Sept 1997

    £44,950

    Key Metrics

    Estimated valuation£137,225
    Value per sq ft / m²£199/sq ft (£2,144/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE7 district percentile11th 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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