15 Farne Avenue

    15, FARNE AVENUE, NEWCASTLE UPON TYNE, NE3 2BJ

    This semi-detached leasehold property on Farne Avenue last sold in April 2018 for £247,500. Based on price growth in the NE3 district since then, its estimated current value is £326,805 — placing it in the 55th percentile nationally and the 61st percentile within NE3. The property covers 127 m² (1,367 sq ft), giving an estimated value of £2,573 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    1,367 sq ft

    127 m²

    Last Sale Price

    £247,500

    Apr 2018

    Estimated Valuation

    £326,805

    Est. £/sq ft

    £239/sq ft

    £2,573/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,367 sq ft (127 m²)
    EPC dateOct 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Apr 2018

    £247,500

    Key Metrics

    Estimated valuation£326,805
    Value per sq ft / m²£239/sq ft (£2,573/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile61st percentile
    National percentile55th percentile

    District Context — NE3

    NE3 covers suburbs and outlying areas in the northeast of Newcastle, extending into surrounding residential neighbourhoods. It is a relatively stable, family-oriented district with a mix of established housing stock and leafy character.

    Average Property Price - NE3

    £315,221

    47

    National percentile

    Average Net Household Income - NE3

    £42,222

    67

    National percentile

    10-Year Annualised Price Growth - NE3

    3.2%

    34

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE3

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