107 Chestnut Avenue, Newcastle Upon Tyne, NE5 3BQ is a leasehold flat built between 1991-1995. The property offers approximately 484 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £37,888 , which equates to approximately £78 per square foot. It was last sold on 6 Mar 2024 for £35,500. Since then, the value has increased by £2,388, representing a 6.7% increase, or approximately 3.8% per year.

The current estimated value of £37,888 is:

  • 60.0% lower than the average property price on Chestnut Avenue
  • 48.7% lower than the average in the NE5 3BQ postcode area
  • and 85.7% lower than the average price for Newcastle Upon Tyne as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 6 December 2023, the property was recorded as rented.

View sold house prices in NE5 3BQ

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£37,888
Price Per sq ft (estimate)
£78
Bedroom Count (estimate)
1 bedroom

EPC Summary

107 Chestnut Avenue, Newcastle Upon Tyne, Tyne And Wear, NE5 3BQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 6 Dec 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 24 Jul 2013, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 39.6%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from average to good.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from poor to good.
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from low energy lighting in 67% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE5 3BQ

18 th / 19
Price Rank
49% lower than average
15 th / 16
Size Rank
27% smaller than average
15 th / 16
Price Per Sq FT Rank
30% lower than average

Compared to other properties in NE5 3BQ , this flat's estimated value ranks 18th out of 19. Based on price per square foot, it ranks 15th out of 16 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 15th out of 16 properties in its postcode area.

Sale History

Today
£37,888
streetscan.co.uk estimate
+7 %
6 Mar 2024
£35,500
Leasehold
+29.1 %
22 Jul 2005
£27,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 527 sq ft
sale price: £12,250
sale date: 29 Nov 2002
rooms: 2
size: 463 sq ft
sale price: £60,500
sale date: 19 Jun 2000
rooms: 2
size: 495 sq ft
sale price: £10,000
sale date: 21 Feb 1997
rooms: 2
size: 474 sq ft
sale price: £39,000
sale date: 26 Oct 2022
rooms: 2
size: 495 sq ft
sale price: £32,000
sale date: 24 Jan 2014

Data Sources

The property at 107 Chestnut Avenue, Newcastle Upon Tyne, NE5 3BQ appears two times in the Land Registry records, with the latest transaction recorded on 6 Mar 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Dec 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.