Flat 40 Kirkley Lodge Park Avenue

    FLAT 40 KIRKLEY LODGE, PARK AVENUE, GOSFORTH, NEWCASTLE UPON TYNE, NE3 2NS

    This flat/maisonette leasehold property on Park Avenue last sold in January 2015 for £55,000. Based on price growth in the NE3 district since then, its estimated current value is £66,636 — placing it in the 1st percentile nationally and the 2nd percentile within NE3. The property covers 53 m² (570 sq ft), giving an estimated value of £1,257 per m². The EPC rating is F, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £55,000

    Jan 2015

    Estimated Valuation

    £66,636

    Est. £/sq ft

    £117/sq ft

    £1,257/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 area570 sq ft (53 m²)
    EPC dateJun 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    13 Jan 2015

    £55,000

    Key Metrics

    Estimated valuation£66,636
    Value per sq ft / m²£117/sq ft (£1,257/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile2nd percentile
    National percentile1st 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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