53 Chestnut Avenue

    53, CHESTNUT AVENUE, NEWCASTLE UPON TYNE, NE5 3BP

    This flat/maisonette leasehold property on Chestnut Avenue last sold in September 2022 for £65,000. Based on price growth in the NE5 district since then, its estimated current value is £72,366 — placing it in the 1st percentile nationally and the 4th percentile within NE5. The property covers 55 m² (592 sq ft), giving an estimated value of £1,316 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £65,000

    Sept 2022

    Estimated Valuation

    £72,366

    Est. £/sq ft

    £122/sq ft

    £1,316/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateDec 2021
    WallsSystem built, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Sept 2022

    £65,000

    19 Apr 2007

    £50,000

    31 Oct 1996

    £10,000

    Key Metrics

    Estimated valuation£72,366
    Value per sq ft / m²£122/sq ft (£1,316/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile4th percentile
    National percentile1st percentile

    District Context — NE5

    NE5 covers areas in the west of Newcastle upon Tyne, sitting within the broader North East region. It is a mixed residential community with a diverse socioeconomic profile.

    Average Property Price - NE5

    £200,588

    12

    National percentile

    Average Net Household Income - NE5

    £34,218

    27

    National percentile

    10-Year Annualised Price Growth - NE5

    4.8%

    85

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE5

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