2 North View Farm The Avenue

    2 NORTH VIEW FARM, THE AVENUE, MEDBURN, NEWCASTLE UPON TYNE, NE20 0JD

    This detached freehold property on The Avenue last sold in November 2013 for £750,000. Based on price growth in the NE20 district since then, its estimated current value is £1,152,004 — placing it in the 97th percentile nationally and the 96th percentile within NE20. The property covers 332 m² (3,574 sq ft), giving an estimated value of £3,470 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    3,574 sq ft

    332 m²

    Last Sale Price

    £750,000

    Nov 2013

    Estimated Valuation

    £1,152,004

    Est. £/sq ft

    £322/sq ft

    £3,470/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms10
    Main fueloil (not community)
    EPC currentC
    EPC potentialB
    Floor area3,574 sq ft (332 m²)
    EPC dateMar 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    12 Nov 2013

    New build

    £750,000

    Key Metrics

    Estimated valuation£1,152,004
    Value per sq ft / m²£322/sq ft (£3,470/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE20 district percentile96th percentile
    National percentile97th 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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