40, Park Avenue
40, Park Avenue
Description & Estimates
Public records show 40, Park Avenue, Newcastle Upon Tyne to be an early-century freehold house with 893 ft2 of internal area, sitting on a 166 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
40, Park Avenue, Newcastle Upon Tyne has an estimated sale value of £268,559 and an estimated rental value of £1,581 per month, assuming reasonable condition and based on the information available.
Park Avenue, Gosforth, Newcastle Upon Tyne, NE3 lies in the borough of Newcastle upon Tyne, within the NE3 postal district.
Our Data Sources
40, Park Avenue, Newcastle Upon Tyne has 41 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 40, Park Avenue, Newcastle Upon Tyne would be worth £281,987, with a potential rental value of £1,660 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £249,760, with a rental value of £1,470 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 40, Park Avenue, Newcastle Upon Tyne has climbed by £4,207 (1.6%) over the last year. During the same period, its estimated monthly rental value has risen by £60 (3.8%). The property's estimated gross yield is currently 7.1%.
Plot Size
40, Park Avenue, Newcastle Upon Tyne occupies a 166 m2 plot as recorded by HM Land Registry.
Of the 44 other houses in this postcode, 41 have recorded plot sizes, and this one ranks as the 27th largest.
Energy Efficiency
40, Park Avenue, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
40, Park Avenue, Newcastle Upon Tyne last changed hands on 16th April 2021, selling for £225,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 10.1% since April 2021.
- Sold Apr 2021£225,000
- Sold Nov 2016£177,000
- Sold Sep 2003£130,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 560 metres of 40, Park Avenue, Newcastle Upon Tyne across the last 2 years.
Most recently, 6, Marlborough Avenue, Newcastle Upon Tyne, NE3 2HT, a freehold house, sold at £300,000 on the 29th August 2025.
Read more about house prices in NE3.
- Sold Aug 2025£300,000 | 3 Bed HouseMarlborough Avenue6, Marlborough Avenue, Newcastle Upon Tyne, NE3 2HT
- Sold Feb 2025£300,000 | 3 Bed HouseMarlborough Avenue17, Marlborough Avenue, Newcastle Upon Tyne, NE3 2HT
- Sold Nov 2024£239,950 | 3 Bed HousePark Avenue95, Park Avenue, Newcastle Upon Tyne, NE3 2LD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 40, Park Avenue, Newcastle Upon Tyne as the 119th largest and the 52nd most expensive of the 207 addresses on Park Avenue, Gosforth, Newcastle Upon Tyne, NE3.
Against the NE3 postcode district average, it is £25k less expensive than the typical property.
More reading links
Schools Nearby
- 100mGrange First School
- 300mSt Charles' Catholic Primary School
- 700mSt Oswald's Catholic Primary School, Gosforth
- 300mGosforth Academy
- 2.2kmKenton School
- 2.3kmSt Mary's Catholic School
More reading links
Public Transport Nearby
Manors station is the nearest stop to 40, Park Avenue, Newcastle Upon Tyne at 4.9 kilometres away.
- 4.9kmManors
- 5.2kmNewcastle
- 6.7kmMetroCentre
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
