3 Farne Avenue

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

    This semi-detached freehold property on Farne Avenue last sold in April 2013 for £178,000. Based on price growth in the NE3 district since then, its estimated current value is £267,957 — placing it in the 42nd percentile nationally and the 49th percentile within NE3. The property covers 86 m² (926 sq ft), giving an estimated value of £3,116 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £178,000

    Apr 2013

    Estimated Valuation

    £267,957

    Est. £/sq ft

    £289/sq ft

    £3,116/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area926 sq ft (86 m²)
    EPC dateFeb 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Apr 2013

    £178,000

    22 Apr 2013

    £178,000

    7 Mar 2008

    £187,500

    Key Metrics

    Estimated valuation£267,957
    Value per sq ft / m²£289/sq ft (£3,116/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile49th percentile
    National percentile42nd 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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