62 Newlands Avenue

    62, NEWLANDS AVENUE, NEWCASTLE UPON TYNE, NE3 5PY

    This detached freehold property on Newlands Avenue last sold in April 2014 for £425,000. Based on price growth in the NE3 district since then, its estimated current value is £566,430 — placing it in the 84th percentile nationally and the 89th percentile within NE3. The property covers 195 m² (2,099 sq ft), giving an estimated value of £2,905 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,099 sq ft

    195 m²

    Last Sale Price

    £425,000

    Apr 2014

    Estimated Valuation

    £566,430

    Est. £/sq ft

    £270/sq ft

    £2,905/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,099 sq ft (195 m²)
    EPC dateAug 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Apr 2014

    £425,000

    Key Metrics

    Estimated valuation£566,430
    Value per sq ft / m²£270/sq ft (£2,905/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile89th percentile
    National percentile84th 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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