40 Alverston Close

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

    This flat/maisonette leasehold property on Alverston Close last sold in August 2007 for £63,000. Based on price growth in the NE15 district since then, its estimated current value is £54,100 — placing it in the 0th percentile nationally and the 3rd percentile within NE15. The property covers 24 m² (258 sq ft), giving an estimated value of £2,254 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    258 sq ft

    24 m²

    Last Sale Price

    £63,000

    Aug 2007

    Estimated Valuation

    £54,100

    Est. £/sq ft

    £209/sq ft

    £2,254/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area258 sq ft (24 m²)
    EPC dateApr 2022
    WallsTimber frame, as built, partial insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    24 Aug 2007

    £63,000

    28 Aug 2003

    £27,500

    6 Sept 1996

    £17,000

    Key Metrics

    Estimated valuation£54,100
    Value per sq ft / m²£209/sq ft (£2,254/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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