24 Velville Court

    24, VELVILLE COURT, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE3 2FA

    This semi-detached leasehold property on Velville Court last sold in October 2004 for £143,000. Based on price growth in the NE3 district since then, its estimated current value is £241,492 — placing it in the 35th percentile nationally and the 43rd percentile within NE3. The property covers 78 m² (840 sq ft), giving an estimated value of £3,096 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £143,000

    Oct 2004

    Estimated Valuation

    £241,492

    Est. £/sq ft

    £288/sq ft

    £3,096/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area840 sq ft (78 m²)
    EPC dateFeb 2013
    WallsCavity wall, filled cavity
    HeatingWarm air, mains gas

    Transaction History

    21 Oct 2004

    £143,000

    Key Metrics

    Estimated valuation£241,492
    Value per sq ft / m²£288/sq ft (£3,096/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile43rd 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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