29 Farne Avenue

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

    This semi-detached freehold property on Farne Avenue last sold in May 2007 for £185,500. Based on price growth in the NE3 district since then, its estimated current value is £297,972 — placing it in the 49th percentile nationally and the 55th percentile within NE3. The property covers 58 m² (624 sq ft), giving an estimated value of £5,137 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £185,500

    May 2007

    Estimated Valuation

    £297,972

    Est. £/sq ft

    £477/sq ft

    £5,137/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateJan 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 May 2007

    £185,500

    Key Metrics

    Estimated valuation£297,972
    Value per sq ft / m²£477/sq ft (£5,137/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile55th percentile
    National percentile49th 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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