48 Cresswell Drive

    48, CRESSWELL DRIVE, NEWCASTLE UPON TYNE, NE3 2SY

    This detached freehold property on Cresswell Drive last sold in August 2017 for £175,000. Based on price growth in the NE3 district since then, its estimated current value is £216,503 — placing it in the 29th percentile nationally and the 37th percentile within NE3. The property covers 62 m² (667 sq ft), giving an estimated value of £3,492 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £175,000

    Aug 2017

    Estimated Valuation

    £216,503

    Est. £/sq ft

    £324/sq ft

    £3,492/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateMay 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Aug 2017

    £175,000

    Key Metrics

    Estimated valuation£216,503
    Value per sq ft / m²£324/sq ft (£3,492/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile37th percentile
    National percentile29th 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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