56 Millfield Avenue

    56, MILLFIELD AVENUE, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE3 4SY

    This flat/maisonette leasehold property on Millfield Avenue last sold in November 2001 for £40,000. Based on price growth in the NE3 district since then, its estimated current value is £90,114 — placing it in the 3rd percentile nationally and the 5th percentile within NE3. The property covers 62 m² (667 sq ft), giving an estimated value of £1,453 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £40,000

    Nov 2001

    Estimated Valuation

    £90,114

    Est. £/sq ft

    £135/sq ft

    £1,453/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area667 sq ft (62 m²)
    EPC dateJul 2012
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Nov 2001

    £40,000

    21 Aug 1998

    £30,000

    Key Metrics

    Estimated valuation£90,114
    Value per sq ft / m²£135/sq ft (£1,453/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile5th percentile
    National percentile3rd 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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