The Avenue, Medburn, Newcastle Upon Tyne, NE20 is a residential street which is the 223rd longest street in the NE20 area.
It contains 55 residential addresses consisting of 51 houses and 4 flats and the most common type of property is a modern house built after 1980.
The average house value is £809,910. Sales values have increased in the last 12 months by 0.0% and Rental values have increased by 4.8%.
Property sale values range from £328,975 for a leasehold flat, with 3 bedrooms split across 2,497 square feet of gross internal area and has no outside space to £1,326,316 for a freehold house, with 5 bedrooms split across 6,946 square feet of gross internal area and has a garden.
Average £/ft2 for properties in The Avenue, Medburn, Newcastle Upon Tyne, NE20 is £271/ft2.
Properties achieve a rental yield of between 4.4% and 7.2%, and rental values range from £1,981 to £5,021 per month.
The last sale was 17 May 2024 for £735,000 and since then the market in the area as increased by -0.6%. The street has had a total of 4 sales since 1995.
The Avenue, Medburn, Newcastle Upon Tyne, NE20 has seen 4 sales in the last three years and 1 sale in the last twelve months.
The Avenue, Medburn, Newcastle Upon Tyne, NE20 is the 223rd largest and the 239th most expensive street in the NE20 area.
There is 1 postcode on The Avenue, Medburn, Newcastle Upon Tyne, NE20.
The Avenue, Medburn, Newcastle Upon Tyne, NE20 is a residential street located in NE20 containing 51 houses and 4 flats.
The most common property type on The Avenue, Medburn, Newcastle Upon Tyne, NE20 is a modern house built after 1980.
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to The Avenue, Medburn, Newcastle Upon Tyne, NE20 is Wylam station which is 6.2 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around The Avenue, Medburn, Newcastle Upon Tyne, NE20, 68.0% of property is privately owned outright and 27.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around The Avenue, Medburn, Newcastle Upon Tyne, NE20, 17.8% of residents are recorded as possessing school level qualifications and 61.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around The Avenue, Medburn, Newcastle Upon Tyne, NE20, the average age was 46.3 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around The Avenue, Medburn, Newcastle Upon Tyne, NE20, 0.7% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around The Avenue, Medburn, Newcastle Upon Tyne, NE20, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.