40 Cresswell Drive

    40, CRESSWELL DRIVE, NEWCASTLE UPON TYNE, NE3 2SX

    This semi-detached freehold property on Cresswell Drive last sold in May 2015 for £144,500. Based on price growth in the NE3 district since then, its estimated current value is £201,044 — placing it in the 25th percentile nationally and the 33rd percentile within NE3. The property covers 65 m² (700 sq ft), giving an estimated value of £3,093 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £144,500

    May 2015

    Estimated Valuation

    £201,044

    Est. £/sq ft

    £287/sq ft

    £3,093/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area700 sq ft (65 m²)
    EPC dateJun 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 May 2015

    £144,500

    23 Oct 2000

    £54,500

    Key Metrics

    Estimated valuation£201,044
    Value per sq ft / m²£287/sq ft (£3,093/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile33rd percentile
    National percentile25th 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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