74 Avalon Drive, Newcastle Upon Tyne, NE15 7SF is a leasehold flat built between 1967-1975. The property offers approximately 700 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £86,912 , which equates to approximately £124 per square foot. It was last sold on 9 Aug 2024 for £84,950. Since then, the value has increased by £1,962, representing a 2.3% increase, or approximately 1.7% per year.

The current estimated value of £86,912 is:

  • 26.6% lower than the average property price on Avalon Drive
  • 38.6% lower than the average in the NE15 7SF postcode area
  • and 67.2% 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 once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 10 November 2021, the property was recorded as rented.

View sold house prices in NE15 7SF

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
700 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£86,912
Price Per sq ft (estimate)
£124
Bedroom Count (estimate)
2 bedrooms

EPC Summary

74 Avalon Drive, Newcastle Upon Tyne, Tyne And Wear, NE15 7SF has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 10 Nov 2021.

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 5 May 2012, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 14.3%.

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 was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The wall energy efficiency changing from good to average, with the construction or insulation remaining cavity wall, filled cavity.
  • The windows were upgraded from to fully double glazed.
  • The lighting was updated from low energy lighting in 62% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from 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
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE15 7SF

30 th / 42
Price Rank
39% lower than average
14 th / 31
Size Rank
17% smaller than average
28 th / 31
Price Per Sq FT Rank
26% lower than average

Compared to other properties in NE15 7SF , this flat's estimated value ranks 30th out of 42. Based on price per square foot, it ranks 28th out of 31 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 31 properties in its postcode area.

Sale History

Today
£86,912
streetscan.co.uk estimate
+2 %
9 Aug 2024
£84,950
Leasehold
-0.1 %
24 Jan 2007
£85,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 614 sq ft
sale price: £80,000
sale date: 7 Jun 2021
rooms: 3
size: 634 sq ft
sale price: £69,000
sale date: 21 Jun 2019
rooms: 3
size: 659 sq ft
sale price: £87,000
sale date: 8 Oct 2007
rooms: 3
size: 643 sq ft
sale price: £81,000
sale date: 17 Sep 2004
rooms: 3
size: 657 sq ft
sale price: £89,950
sale date: 7 Jan 2022

Data Sources

The property at 74 Avalon Drive, Newcastle Upon Tyne, NE15 7SF appears two times in the Land Registry records, with the latest transaction recorded on 9 Aug 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 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.