Flat 9 Kirkley Lodge Park Avenue

    FLAT 9 KIRKLEY LODGE, PARK AVENUE, GOSFORTH, NEWCASTLE UPON TYNE, NE3 2NS

    This flat/maisonette leasehold property on Park Avenue last sold in November 2013 for £83,000. Based on price growth in the NE3 district since then, its estimated current value is £104,482 — placing it in the 4th percentile nationally and the 7th percentile within NE3. The property covers 64 m² (689 sq ft), giving an estimated value of £1,633 per m². The EPC rating is F, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £83,000

    Nov 2013

    Estimated Valuation

    £104,482

    Est. £/sq ft

    £152/sq ft

    £1,633/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialD
    Floor area689 sq ft (64 m²)
    EPC dateNov 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    6 Nov 2013

    New build

    £83,000

    Key Metrics

    Estimated valuation£104,482
    Value per sq ft / m²£152/sq ft (£1,633/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile7th percentile
    National percentile4th 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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