42 Mill Vale

    42, MILL VALE, NEWBURN, NEWCASTLE UPON TYNE, NE15 8HF

    This terraced freehold property on Mill Vale last sold in August 2022 for £249,000. Based on price growth in the NE15 district since then, its estimated current value is £265,630 — placing it in the 41st percentile nationally and the 84th percentile within NE15. The property covers 125 m² (1,346 sq ft), giving an estimated value of £2,125 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,346 sq ft

    125 m²

    Last Sale Price

    £249,000

    Aug 2022

    Estimated Valuation

    £265,630

    Est. £/sq ft

    £197/sq ft

    £2,125/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,346 sq ft (125 m²)
    EPC dateOct 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Aug 2022

    £249,000

    4 Nov 2020

    £165,000

    20 Nov 2006

    £198,000

    Key Metrics

    Estimated valuation£265,630
    Value per sq ft / m²£197/sq ft (£2,125/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile84th percentile
    National percentile41st 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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