70 Millfield Avenue

    70, MILLFIELD AVENUE, NEWCASTLE UPON TYNE, NE3 4TA

    This terraced freehold property on Millfield Avenue last sold in October 2014 for £119,000. Based on price growth in the NE3 district since then, its estimated current value is £176,338 — placing it in the 18th percentile nationally and the 24th percentile within NE3. The property covers 83 m² (893 sq ft), giving an estimated value of £2,125 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £119,000

    Oct 2014

    Estimated Valuation

    £176,338

    Est. £/sq ft

    £197/sq ft

    £2,125/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area893 sq ft (83 m²)
    EPC dateApr 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Oct 2014

    £119,000

    Key Metrics

    Estimated valuation£176,338
    Value per sq ft / m²£197/sq ft (£2,125/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile24th percentile
    National percentile18th 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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