38 Alverston Close

    38, ALVERSTON CLOSE, NEWCASTLE UPON TYNE, NE15 8TB

    This flat/maisonette leasehold property on Alverston Close last sold in January 2021 for £37,000. Based on price growth in the NE15 district since then, its estimated current value is £45,695 — placing it in the 0th percentile nationally and the 2nd percentile within NE15. The property covers 24 m² (258 sq ft), giving an estimated value of £1,904 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    258 sq ft

    24 m²

    Last Sale Price

    £37,000

    Jan 2021

    Estimated Valuation

    £45,695

    Est. £/sq ft

    £177/sq ft

    £1,904/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area258 sq ft (24 m²)
    EPC dateSept 2021
    WallsTimber frame, as built, partial insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    8 Jan 2021

    £37,000

    28 Aug 2015

    £40,000

    12 Apr 2006

    £80,000

    15 Nov 2002

    £22,000

    Key Metrics

    Estimated valuation£45,695
    Value per sq ft / m²£177/sq ft (£1,904/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile2nd 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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