2, Cornhill Avenue
2, Cornhill Avenue
Description & Estimates
2, Cornhill Avenue, Newcastle Upon Tyne is recorded publicly as a mid-century freehold house across 925 ft2 of internal area, sitting on a 271 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Cornhill Avenue, Newcastle Upon Tyne is £233,817 and its rental estimate is £1,490 per month, given the available information and assuming reasonable condition.
Cornhill Avenue, Newcastle Upon Tyne, NE3 falls within the NE3 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
2, Cornhill Avenue, Newcastle Upon Tyne has 2 entries in the Land Registry , most recently in January 2018 and a single entry in the EPC database dated February 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Cornhill Avenue, Newcastle Upon Tyne, we estimate a market value of £245,508 and a rental value of £1,564 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £217,450 and £1,385 per month respectively.
Recent Market Change
Over the last year, 2, Cornhill Avenue, Newcastle Upon Tyne has seen its estimated sale value grow by £3,663 (1.6%) and its estimated rental value climb by £57 per month (3.8%). This results in an estimated gross rental yield of 7.6%.
Plot Size
HM Land Registry records the plot of land for 2, Cornhill Avenue, Newcastle Upon Tyne as measuring 271 m2.
That makes it the 5th largest plot in the postcode, where all 14 other houses have recorded plot data.
Energy Efficiency
2, Cornhill Avenue, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Feb 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Cornhill Avenue, Newcastle Upon Tyne completed on 19th January 2018 at £174,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 36.3% over the period since January 2018.
- Sold Jan 2018£174,000
- Sold Jul 2014£160,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Cornhill Avenue, Newcastle Upon Tyne have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th November 2024, was 44, Hauxley Drive, Newcastle Upon Tyne, NE3 2SR, a freehold house which sold for £255,000.
Read more about house prices in NE3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 14 addresses on Cornhill Avenue, Newcastle Upon Tyne, NE3, 2, Cornhill Avenue, Newcastle Upon Tyne comes out as the 11th largest and the 9th most expensive in our analysis of the public data.
It is also £59k less expensive than the average property across the NE3 district.
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Schools Nearby
- 200mNorth Fawdon Primary School
- 1.0kmRegent Farm First School
- 1.4kmBrunton First School
- 1.7kmKenton School
- 1.8kmGosforth Academy
- 3.2kmCallerton Academy
More reading links
Public Transport Nearby
From 2, Cornhill Avenue, Newcastle Upon Tyne, the nearest station is Manors, 5.9 kilometres away.
- 5.9kmManors
- 6.0kmNewcastle
- 6.8kmMetroCentre
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
