40 Avalon Drive, Newcastle Upon Tyne, NE15 7SZ is a leasehold flat built between 1976-1982. The property offers approximately 495 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 £97,370 , which equates to approximately £197 per square foot. It was last sold on 2 Jun 2023 for £89,950. Since then, the value has increased by £7,420, representing a 8.2% increase, or approximately 3.3% per year.

The current estimated value of £97,370 is:

  • 17.8% lower than the average property price on Avalon Drive
  • 10.2% lower than the average in the NE15 7SZ postcode area
  • and 63.3% 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 10 December 2018, the property was recorded as owner-occupied.

View sold house prices in NE15 7SZ

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£97,370
Price Per sq ft (estimate)
£197
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 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 10 Dec 2018.

A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 13 Mar 2018. The rating of D remains the same, but the energy efficiency score improved by 1.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to no system present: electric heaters assumed, changing energy efficiency from average to very poor.
  • The hot water system changed from electric immersion, off-peak to electric immersion, standard tariff, with no change in energy efficiency (very poor).
  • The wall energy efficiency improving from average to good, with the construction or insulation remaining cavity wall, filled cavity.
  • The windows were upgraded from partial secondary glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 86% of fixed outlets, with efficiency improving from good to very good.
Heating Type
No system present: electric heaters assumed
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 86% of fixed outlets
Very Good

Compared to NE15 7SZ

14 th / 28
Price Rank
10% lower than average
16 th / 20
Size Rank
29% smaller than average
3 rd / 20
Price Per Sq FT Rank
26% higher than average

Compared to other properties in NE15 7SZ , this flat's estimated value ranks 14th out of 28. Based on price per square foot, it ranks 3rd out of 20 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 16th out of 20 properties in its postcode area.

Sale History

Today
£97,370
streetscan.co.uk estimate
+8 %
2 Jun 2023
£89,950
Leasehold
+16.8 %
18 Oct 2019
£77,000
Leasehold
+60.4 %
12 Jul 2018
£48,000
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: 527 sq ft
sale price: £55,000
sale date: 11 May 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 40 Avalon Drive, Newcastle Upon Tyne, NE15 7SZ appears three times in the Land Registry records, with the latest transaction recorded on 2 Jun 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Dec 2018. 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.