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Property details for 7 Fern Avenue, Jesmond, Newcastle Upon Tyne NE2 2QT

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Monthly running costs Beta

£1,064 Monthly total

Remortgage

Average property value
Loan amount (60% LTV)
Repayment term 25
Product Term 2 years
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Average property value

The average property value derives from the Zoopla Estimate, which is our assessment of the current market value of a property according to the value of other properties in the area. Our data may be incomplete or inaccurate. Learn more

Remortgage* costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate of 1.5%.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Energy

Gas £54 Electricity £65 Estimated energy cost £119/mo (£1,428/yr)

Similar properties could save up to £395

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Energy costs explained

The estimated energy cost for this property is based on an average energy consumption of properties in this region.

Estimated consumption

Gas: 14000 kWh/year
Electricity: 4100 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Newcastle upon Tyne

Estimated tax band -- Council tax cost -- /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply -- Sewerage -- Estimated water cost -- /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Public info

This property is located at 7 Fern Avenue, Jesmond, Newcastle Upon Tyne NE2 2QT. Fern Avenue has 118 houses and flats on it with a average current value of £393,673, compared to an an average property value of £316,028 for NE2. There have been 21 property sales on Fern Avenue, NE2 over the last 5 years with an average house price paid of £365,000. There are currently 129 properties to buy in NE2 with an average asking price of £224,997 and 1546 houses and flats to rent in NE2 with an average asking rent of £320 pw.

Back to Fern Avenue results

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Market activity
Average price paid £306,899 Sales 256 Current average value £316,028 (Zoopla Zed-Index) Value change £5,674 ▲ 1.83%

Property value data/graphs for NE2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £789,646 £374 4.3 £1,160,818
Semi-detached £458,667 £297 4.0 £400,645
Terraced £386,997 £265 4.1 £354,772
Flats £214,297 £272 2.5 £205,474

Current asking prices in NE2

Average: £224,996
Avg. current asking prices in NE2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £566,000
(3)
£157,492
(6)
£570,833
(6)
£354,994
(8)
£622,500
(2)
Flats £209,849
(15)
£156,944
(56)
£195,970
(23)
£288,317
(3)
£260,000
(3)
All £269,208
(18)
£156,997
(62)
£273,528
(29)
£336,809
(11)
£405,000
(5)

Current asking rents in NE2

Average: £1,386 pcm
Avg. current asking prices in NE2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £584 pcm
(14)
£826 pcm
(19)
£1,038 pcm
(33)
£1,352 pcm
(60)
£1,449 pcm
(54)
Flats £615 pcm
(83)
£739 pcm
(297)
£1,101 pcm
(357)
£1,473 pcm
(141)
£1,783 pcm
(147)
All £610 pcm
(97)
£744 pcm
(316)
£1,095 pcm
(390)
£1,437 pcm
(201)
£1,693 pcm
(201)

Fun facts for NE2

Highest value in NE2
Highest value streets Zed-Index
Mitchell Avenue £916,410
Castleton Grove £904,134
Lindisfarne Road £889,557
Glastonbury Grove £860,224
Osborne Villas £820,636
Highest turnover in NE2
Highest turnover streets Turnover
Sandyford Park 47.1%
Kimberley Gardens 41.2%
Grosvenor Villas 40.0%
Abbotsford Terrace 40.0%
Salisbury Gardens 38.8%

What Zoopla users think of Jesmond

Overall rating:

  • currently 4.5 stars
Very good - 87% (46 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Jesmond:

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Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Local info for Newcastle upon Tyne

About the neighbours in NE2

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