40 Avalon Drive

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

    This flat/maisonette leasehold property on Avalon Drive last sold in June 2023 for £89,950. Based on price growth in the NE15 district since then, its estimated current value is £91,132 — placing it in the 3rd percentile nationally and the 12th percentile within NE15. The property covers 46 m² (495 sq ft), giving an estimated value of £1,981 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    495 sq ft

    46 m²

    Last Sale Price

    £89,950

    Jun 2023

    Estimated Valuation

    £91,132

    Est. £/sq ft

    £184/sq ft

    £1,981/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelTo be used only when there is no heating/hot-water system or data is from a community network
    EPC currentD
    EPC potentialB
    Floor area495 sq ft (46 m²)
    EPC dateDec 2018
    WallsCavity wall, filled cavity
    HeatingNo system present: electric heaters assumed

    Transaction History

    2 Jun 2023

    £89,950

    18 Oct 2019

    £77,000

    12 Jul 2018

    £48,000

    Key Metrics

    Estimated valuation£91,132
    Value per sq ft / m²£184/sq ft (£1,981/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile12th percentile
    National percentile3rd 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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