38 Avalon Drive

    38, AVALON DRIVE, NEWCASTLE UPON TYNE, NE15 7SZ

    This flat/maisonette leasehold property on Avalon Drive last sold in May 2023 for £55,000. Based on price growth in the NE15 district since then, its estimated current value is £55,723 — placing it in the 0th percentile nationally and the 3rd percentile within NE15. The property covers 49 m² (527 sq ft), giving an estimated value of £1,137 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    527 sq ft

    49 m²

    Last Sale Price

    £55,000

    May 2023

    Estimated Valuation

    £55,723

    Est. £/sq ft

    £106/sq ft

    £1,137/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialD
    Floor area527 sq ft (49 m²)
    EPC dateMar 2023
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    11 May 2023

    £55,000

    28 Oct 2005

    £66,000

    31 May 2002

    £28,500

    Key Metrics

    Estimated valuation£55,723
    Value per sq ft / m²£106/sq ft (£1,137/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile3rd percentile
    National percentile0th percentile

    District Context — NE15

    NE15 covers Prudhoe, Ryton, and surrounding communities in Tyne and Wear, situated west of Gateshead along the River Tyne. It is a mixed residential area with strong community roots and reasonable access to regional employment centres.

    Average Property Price - NE15

    £195,588

    11

    National percentile

    Average Net Household Income - NE15

    £33,771

    24

    National percentile

    10-Year Annualised Price Growth - NE15

    3.7%

    54

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE15

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