44 Alverston Close, Newcastle Upon Tyne, NE15 8TB is a leasehold flat built between 1976-1982. The property offers approximately 269 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 £51,888 , which equates to approximately £193 per square foot. It was last sold on 12 Apr 2013 for £37,000. Since then, the value has increased by £14,888, representing a 40.2% increase, or approximately 3.2% per year.

The current estimated value of £51,888 is:

  • 51.4% lower than the average property price on Alverston Close
  • 53.1% lower than the average in the NE15 8TB postcode area
  • and 80.4% 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 24 October 2016, the property was recorded as owner-occupied.

View sold house prices in NE15 8TB

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
269 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£51,888
Price Per sq ft (estimate)
£193
Bedroom Count (estimate)
1 bedroom

EPC Summary

44 Alverston Close, Newcastle Upon Tyne, Tyne And Wear, NE15 8TB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Oct 2016.

This property uses electric room heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 14 Sep 2013, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 9.5%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 50 mm loft insulation to pitched, 200 mm loft insulation, improving energy efficiency from poor to good.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was updated from low energy lighting in all fixed outlets to no low energy lighting, with efficiency changing from very good to very poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to NE15 8TB

28 th / 30
Price Rank
53% lower than average
14 th / 19
Size Rank
50% smaller than average
17 th / 19
Price Per Sq FT Rank
7% lower than average

Compared to other properties in NE15 8TB , this flat's estimated value ranks 28th out of 30. Based on price per square foot, it ranks 17th out of 19 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 14th out of 19 properties in its postcode area.

Sale History

Today
£51,888
streetscan.co.uk estimate
+40 %
12 Apr 2013
£37,000
Leasehold
+60.9 %
13 Dec 2002
£23,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 258 sq ft
sale price: £37,000
sale date: 8 Jan 2021
rooms: 1
size: 260 sq ft
sale price: £40,000
sale date: 28 Aug 2015
rooms: 2
size: 248 sq ft
sale price: £27,000
sale date: 10 Aug 2012
rooms: 1
size: 258 sq ft
sale price: £63,000
sale date: 24 Aug 2007

Data Sources

The property at 44 Alverston Close, Newcastle Upon Tyne, NE15 8TB appears two times in the Land Registry records, with the latest transaction recorded on 12 Apr 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Oct 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.