3 Monks Park Way

    3, MONKS PARK WAY, NEWCASTLE UPON TYNE, NE12 8XJ

    This flat/maisonette leasehold property on Monks Park Way last sold in July 2017 for £60,000. Based on price growth in the NE12 district since then, its estimated current value is £74,863 — placing it in the 1st percentile nationally and the 3rd percentile within NE12. The property covers 54 m² (581 sq ft), giving an estimated value of £1,386 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £60,000

    Jul 2017

    Estimated Valuation

    £74,863

    Est. £/sq ft

    £129/sq ft

    £1,386/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area581 sq ft (54 m²)
    EPC dateMay 2017
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Jul 2017

    £60,000

    22 Aug 2005

    £46,000

    Key Metrics

    Estimated valuation£74,863
    Value per sq ft / m²£129/sq ft (£1,386/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE12 district percentile3rd percentile
    National percentile1st percentile

    District Context — NE12

    NE12 covers Whitley Bay, Tynemouth and surrounding coastal communities in North Tyneside, north of Newcastle. The area blends seaside residential appeal with established suburban neighbourhoods and a mix of family homes and rental properties.

    Average Property Price - NE12

    £216,740

    17

    National percentile

    Average Net Household Income - NE12

    £36,673

    42

    National percentile

    10-Year Annualised Price Growth - NE12

    2.9%

    25

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE12

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