38 Avalon Drive, Newcastle Upon Tyne, NE15 7SZ is a leasehold flat built between 1950-1966. The property offers approximately 527 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £61,310 , which equates to approximately £116 per square foot. It was last sold on 11 May 2023 for £55,000. Since then, the value has increased by £6,310, representing a 11.5% increase, or approximately 4.4% per year.

The current estimated value of £61,310 is:

  • 49.4% lower than the average property price on Avalon Drive
  • 43.4% lower than the average in the NE15 7SZ postcode area
  • and 79.4% 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 as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 8 March 2023, the property was recorded as owner-occupied.

View sold house prices in NE15 7SZ

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
527 sq ft
Tenure
Leasehold
Price (estimate)
£61,310
Price Per sq ft (estimate)
£116
Bedroom Count (estimate)
1 bedroom

EPC Summary

38 Avalon Drive, Newcastle Upon Tyne, Tyne And Wear, NE15 7SZ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 8 Mar 2023.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 7 Mar 2013, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 37.8%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from poor to very poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
  • The lighting was updated from low energy lighting in 60% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE15 7SZ

20 th / 28
Price Rank
43% lower than average
13 th / 20
Size Rank
24% smaller than average
12 th / 20
Price Per Sq FT Rank
26% lower than average

Compared to other properties in NE15 7SZ , this flat's estimated value ranks 20th out of 28. Based on price per square foot, it ranks 12th out of 20 properties. In terms of size, this home ranks 13th out of 20 properties in its postcode area.

Sale History

Today
£61,310
streetscan.co.uk estimate
+11 %
11 May 2023
£55,000
Leasehold
-16.7 %
28 Oct 2005
£66,000
Leasehold
+131.6 %
31 May 2002
£28,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 495 sq ft
sale price: £72,500
sale date: 12 Nov 2024
rooms: 2
size: 452 sq ft
sale price: £41,500
sale date: 31 Jul 2024
rooms: 3
size: 495 sq ft
sale price: £89,950
sale date: 2 Jun 2023
rooms: 2
size: 506 sq ft
sale price: £73,000
sale date: 28 Oct 2022
rooms: 3
size: 474 sq ft
sale price: £65,000
sale date: 10 Dec 2021

Data Sources

The property at 38 Avalon Drive, Newcastle Upon Tyne, NE15 7SZ appears three times in the Land Registry records, with the latest transaction recorded on 11 May 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Mar 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.