53 Chestnut Avenue, Newcastle Upon Tyne, NE5 3BP is a leasehold flat built between 1950-1966. The property offers approximately 592 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 £67,674 , which equates to approximately £114 per square foot. It was last sold on 16 Sep 2022 for £65,000. Since then, the value has increased by £2,674, representing a 4.1% increase, or approximately 1.3% per year.

The current estimated value of £67,674 is:

  • 28.6% lower than the average property price on Chestnut Avenue
  • 26.0% higher than the average in the NE5 3BP postcode area
  • and 74.5% 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 30 November 2021, the property was recorded as owner-occupied.

View sold house prices in NE5 3BP

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
592 sq ft
Tenure
Leasehold
Price (estimate)
£67,674
Price Per sq ft (estimate)
£114
Bedroom Count (estimate)
1 bedroom

EPC Summary

53 Chestnut Avenue, Newcastle Upon Tyne, Tyne And Wear, NE5 3BP has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 30 Nov 2021.

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 15 Aug 2015. The rating of D remains the same, but the energy efficiency score improved by 5%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
System built, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE5 3BP

5 th / 18
Price Rank
26% higher than average
12 th / 18
Size Rank
15% smaller than average
2 nd / 18
Price Per Sq FT Rank
48% higher than average

Compared to other properties in NE5 3BP , this flat's estimated value ranks 5th out of 18. Based on price per square foot, it ranks 2nd out of 18 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 12th out of 18 properties in its postcode area.

Sale History

Today
£67,674
streetscan.co.uk estimate
+4 %
16 Sep 2022
£65,000
Leasehold
+30 %
19 Apr 2007
£50,000
Leasehold
+400 %
31 Oct 1996
£10,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 667 sq ft
sale price: £41,000
sale date: 16 Oct 2020
rooms: 3
size: 636 sq ft
sale price: £51,000
sale date: 25 May 2006
rooms: 3
size: 646 sq ft
sale price: £55,000
sale date: 12 May 2006
rooms: 2
size: 506 sq ft
sale price: £28,000
sale date: 7 Feb 2005
rooms: 2
size: 527 sq ft
sale price: £7,500
sale date: 2 Aug 2002

Data Sources

The property at 53 Chestnut Avenue, Newcastle Upon Tyne, NE5 3BP appears three times in the Land Registry records, with the latest transaction recorded on 16 Sep 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Nov 2021. 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.