29, Eighth Avenue
29, Eighth Avenue
Description & Estimates
29, Eighth Avenue, Newcastle Upon Tyne is recorded publicly as a period leasehold apartment across 1,259 ft2 of internal area.
Locally, apartments of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 29, Eighth Avenue, Newcastle Upon Tyne is £189,104 and its rental estimate is £1,388 per month, given the available information and assuming reasonable condition.
Eighth Avenue, Newcastle Upon Tyne, NE6 falls within the NE6 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
29, Eighth Avenue, Newcastle Upon Tyne has 21 entries in the Land Registry , most recently in August 2007 and a single entry in the EPC database dated July 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 29, Eighth Avenue, Newcastle Upon Tyne, we estimate a market value of £198,559 and a rental value of £1,457 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £175,866 and £1,291 per month respectively.
Recent Market Change
Over the last year, 29, Eighth Avenue, Newcastle Upon Tyne has seen its estimated sale value increase by £3,904 (2.1%) and its estimated rental value grow by £66 per month (4.7%). This results in an estimated gross rental yield of 8.8%.
Energy Efficiency
29, Eighth Avenue, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jul 2021.
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 29, Eighth Avenue, Newcastle Upon Tyne completed on 20th August 2007 at £157,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 12.6% over the period since August 2007.
- Sold Aug 2007£157,000
- Sold Jun 1996£51,250
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 29, Eighth Avenue, Newcastle Upon Tyne have sold within a radius of 320 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th August 2024, was 93, Eighth Avenue, Newcastle Upon Tyne, NE6 5YB, a leasehold flat which sold for £144,000.
Read more about house prices in NE6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 93 addresses on Eighth Avenue, Newcastle Upon Tyne, NE6, 29, Eighth Avenue, Newcastle Upon Tyne comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £6k more expensive than the average property across the NE6 district.
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Schools Nearby
- 0mChillingham Road Primary School
- 300mSt Teresa's Catholic Primary School, Heaton
- 800mRavenswood Primary School
- 1.4kmBenfield School
- 1.4kmJesmond Park Academy
- 2.1kmWalker Riverside Academy
More reading links
Public Transport Nearby
From 29, Eighth Avenue, Newcastle Upon Tyne, the nearest station is Manors, 2.1 kilometres away.
- 2.1kmManors
- 3.1kmNewcastle
- 3.8kmHeworth
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
