Flat 2 Kirkley Lodge Park Avenue

    FLAT 2 KIRKLEY LODGE, PARK AVENUE, GOSFORTH, NEWCASTLE UPON TYNE, NE3 2NS

    This flat/maisonette leasehold property on Park Avenue last sold in October 2014 for £55,000. Based on price growth in the NE3 district since then, its estimated current value is £84,377 — placing it in the 2nd percentile nationally and the 4th percentile within NE3. The property covers 58 m² (624 sq ft), giving an estimated value of £1,455 per m². The EPC rating is F, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £55,000

    Oct 2014

    Estimated Valuation

    £84,377

    Est. £/sq ft

    £135/sq ft

    £1,455/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialD
    Floor area624 sq ft (58 m²)
    EPC dateJun 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    31 Oct 2014

    New build

    £55,000

    Key Metrics

    Estimated valuation£84,377
    Value per sq ft / m²£135/sq ft (£1,455/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile4th percentile
    National percentile2nd 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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