3 Fernwood Avenue

    3, FERNWOOD AVENUE, NEWCASTLE UPON TYNE, NE3 5DJ

    This terraced freehold property on Fernwood Avenue last sold in July 2019 for £257,000. Based on price growth in the NE3 district since then, its estimated current value is £341,407 — placing it in the 58th percentile nationally and the 64th percentile within NE3. The property covers 121 m² (1,302 sq ft), giving an estimated value of £2,822 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,302 sq ft

    121 m²

    Last Sale Price

    £257,000

    Jul 2019

    Estimated Valuation

    £341,407

    Est. £/sq ft

    £262/sq ft

    £2,822/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,302 sq ft (121 m²)
    EPC dateFeb 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jul 2019

    £257,000

    Key Metrics

    Estimated valuation£341,407
    Value per sq ft / m²£262/sq ft (£2,822/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile64th percentile
    National percentile58th 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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