Flat 5 Kirkley Lodge Park Avenue

    FLAT 5 KIRKLEY LODGE, PARK AVENUE, GOSFORTH, NEWCASTLE UPON TYNE, NE3 2NS

    This flat/maisonette leasehold property on Park Avenue last sold in November 2017 for £65,000. Based on price growth in the NE3 district since then, its estimated current value is £75,149 — placing it in the 1st percentile nationally and the 3rd percentile within NE3. The property covers 54 m² (581 sq ft), giving an estimated value of £1,392 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £65,000

    Nov 2017

    Estimated Valuation

    £75,149

    Est. £/sq ft

    £129/sq ft

    £1,392/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area581 sq ft (54 m²)
    EPC dateFeb 2020
    WallsCavity wall, filled cavity
    HeatingRoom heaters, electric

    Transaction History

    30 Nov 2017

    £65,000

    21 Jan 2015

    £55,000

    Key Metrics

    Estimated valuation£75,149
    Value per sq ft / m²£129/sq ft (£1,392/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile3rd 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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