118 Millfield Avenue

    118, MILLFIELD AVENUE, NEWCASTLE UPON TYNE, NE3 4TB

    This terraced freehold property on Millfield Avenue last sold in January 2020 for £98,000. Based on price growth in the NE3 district since then, its estimated current value is £114,691 — placing it in the 6th percentile nationally and the 8th percentile within NE3. The property covers 84 m² (904 sq ft), giving an estimated value of £1,365 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    904 sq ft

    84 m²

    Last Sale Price

    £98,000

    Jan 2020

    Estimated Valuation

    £114,691

    Est. £/sq ft

    £127/sq ft

    £1,365/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area904 sq ft (84 m²)
    EPC dateMay 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Jan 2020

    £98,000

    Key Metrics

    Estimated valuation£114,691
    Value per sq ft / m²£127/sq ft (£1,365/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile8th percentile
    National percentile6th 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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