2 Burnlea The Avenue

    2 BURNLEA, THE AVENUE, MEDBURN, NEWCASTLE UPON TYNE, NE20 0JD

    This semi-detached freehold property on The Avenue last sold in February 2017 for £255,000. Based on price growth in the NE20 district since then, its estimated current value is £332,411 — placing it in the 56th percentile nationally and the 19th percentile within NE20. The property covers 93 m² (1,001 sq ft), giving an estimated value of £3,574 per m². The EPC rating is E, with a potential rating of D.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,001 sq ft

    93 m²

    Last Sale Price

    £255,000

    Feb 2017

    Estimated Valuation

    £332,411

    Est. £/sq ft

    £332/sq ft

    £3,574/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialD
    Floor area1,001 sq ft (93 m²)
    EPC dateApr 2012
    WallsCavity wall, filled cavity
    HeatingWarm air, Electricaire

    Transaction History

    10 Feb 2017

    £255,000

    Key Metrics

    Estimated valuation£332,411
    Value per sq ft / m²£332/sq ft (£3,574/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE20 district percentile19th percentile
    National percentile56th percentile

    District Context — NE20

    NE20 covers parts of rural and semi-rural Northumberland, including areas around Ponteland and the commuter belt north of Newcastle. It is a predominantly mature, affluent residential area with strong owner-occupation and professional employment.

    Average Property Price - NE20

    £552,889

    86

    National percentile

    Average Net Household Income - NE20

    £46,601

    80

    National percentile

    10-Year Annualised Price Growth - NE20

    3.5%

    46

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE20

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