4 Farne Avenue

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

    This semi-detached freehold property on Farne Avenue last sold in November 2016 for £180,000. Based on price growth in the NE3 district since then, its estimated current value is £239,750 — placing it in the 35th percentile nationally and the 42nd percentile within NE3. The property covers 64 m² (689 sq ft), giving an estimated value of £3,746 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £180,000

    Nov 2016

    Estimated Valuation

    £239,750

    Est. £/sq ft

    £348/sq ft

    £3,746/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area689 sq ft (64 m²)
    EPC dateAug 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Nov 2016

    £180,000

    25 Nov 2016

    £180,000

    Key Metrics

    Estimated valuation£239,750
    Value per sq ft / m²£348/sq ft (£3,746/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile42nd percentile
    National percentile35th 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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