40 Greenvale Avenue, Newcastle Upon Tyne, NE5 2GB is a leasehold flat built between 2007-2011. The property offers approximately 538 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 £153,514 , which equates to approximately £285 per square foot. It was last sold on 21 Oct 2011 for £112,500. Since then, the value has increased by £41,014, representing a 36.5% increase, or approximately 2.6% per year.

The current estimated value of £153,514 is:

  • 29.7% lower than the average property price on Greenvale Avenue
  • 24.0% lower than the average in the NE5 2GB postcode area
  • and 42.1% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 8 February 2023, the property was recorded as rented.

View sold house prices in NE5 2GB

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
538 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£153,514
Price Per sq ft (estimate)
£285
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 Greenvale Avenue, Newcastle Upon Tyne, Tyne And Wear, NE5 2GB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 8 Feb 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 14 Feb 2012, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 4.9%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from average thermal transmittance 0.11 w/m?k to pitched, 300 mm loft insulation, with no change in energy efficiency (very good).
  • The wall construction or insulation changed from average thermal transmittance 0.25 w/m?k to cavity wall, as built, insulated (assumed), changing energy efficiency from very good to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE5 2GB

25 th / 26
Price Rank
24% lower than average
26 th / 26
Size Rank
38% smaller than average
8 th / 26
Price Per Sq FT Rank
23% higher than average

Compared to other properties in NE5 2GB , this flat's estimated value ranks 25th out of 26. Based on price per square foot, it ranks 8th out of 26 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 26th out of 26 properties in its postcode area.

Sale History

Today
£153,514
streetscan.co.uk estimate
+36 %
21 Oct 2011
£112,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 581 sq ft
sale price: £82,000
sale date: 26 Mar 2024

Data Sources

The property at 40 Greenvale Avenue, Newcastle Upon Tyne, Tyne And Wear, NE5 2GB appears once in the Land Registry records, with the transaction recorded on 21 Oct 2011. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Feb 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.