40 Derwent Street, Chopwell, Newcastle Upon Tyne, NE17 7HX is a leasehold other property built between 1900-1929. The property offers approximately 1,313 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £20,513 , which equates to approximately £16 per square foot. It was last sold on 1 Jan 2019 for £18,000. Since then, the value has increased by £2,513, representing a 14.0% increase, or approximately 2.0% per year.

The current estimated value of £20,513 is:

  • 77.2% lower than the average property price on Derwent Street
  • 74.7% lower than the average in the NE17 7HX postcode area
  • and 92.3% lower than the average price for Newcastle Upon Tyne as a whole

View sold house prices in NE17 7HX

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
1313 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£20,513
Price Per sq ft (estimate)
£16
Bedroom Count (estimate)
4 bedrooms

EPC Summary

40 Derwent Street, Chopwell, Newcastle Upon Tyne, Gateshead, Tyne And Wear, NE17 7HX has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 5 Aug 2016.

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 25 Apr 2016, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 3.8%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in 63% of fixed outlets, with efficiency improving from average to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Roof room(s), no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 63% of fixed outlets
Good

Compared to NE17 7HX

6 th / 12
Price Rank
75% lower than average
2 nd / 6
Size Rank
27% bigger than average
6 th / 6
Price Per Sq FT Rank
80% lower than average

Compared to other properties in NE17 7HX , this flat's estimated value ranks 6th out of 12. Based on price per square foot, it ranks 6th out of 6 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 2nd out of 6 properties in its postcode area.

Sale History

Today
£20,513
streetscan.co.uk estimate
+14 %
1 Jan 2019
£18,000
Leasehold
-77.5 %
11 Oct 2007
£80,000
Leasehold

Area Insights

Nearby Properties

rooms: 3
size: 581 sq ft
sale price: £70,000
sale date: 21 Mar 2016
rooms: 4
size: 775 sq ft
sale price: £60,000
sale date: 10 Mar 2023
rooms: 3
size: 689 sq ft
sale price: £10,250
sale date: 28 Oct 2013
rooms: 5
size: 735 sq ft
sale price: £65,000
sale date: 31 Jul 2006
rooms: 4
size: 1636 sq ft
sale price: £40,000
sale date: 12 Aug 1998

Data Sources

The property at 40 Derwent Street, Chopwell, Newcastle Upon Tyne, NE17 7HX appears two times in the Land Registry records, with the latest transaction recorded on 1 Jan 2019. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 5 Aug 2016. 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.