2 Richmond Avenue

    2, RICHMOND AVENUE, GATESHEAD, NE10 0TA

    This semi-detached freehold property on Richmond Avenue last sold in November 2019 for £197,500. Based on price growth in the NE10 district since then, its estimated current value is £252,270 — placing it in the 38th percentile nationally and the 90th percentile within NE10. The property covers 156 m² (1,679 sq ft), giving an estimated value of £1,617 per m². The EPC rating is C, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,679 sq ft

    156 m²

    Last Sale Price

    £197,500

    Nov 2019

    Estimated Valuation

    £252,270

    Est. £/sq ft

    £150/sq ft

    £1,617/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,679 sq ft (156 m²)
    EPC dateJan 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Nov 2019

    £197,500

    Key Metrics

    Estimated valuation£252,270
    Value per sq ft / m²£150/sq ft (£1,617/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile90th percentile
    National percentile38th percentile

    District Context — NE10

    NE10 covers the Chester-le-Street area in south-east Durham, positioned between Sunderland and Gateshead. It is a largely working-class community with a strong social housing presence and steady, affordable residential demand.

    Average Property Price - NE10

    £158,785

    4

    National percentile

    Average Net Household Income - NE10

    £31,483

    12

    National percentile

    10-Year Annualised Price Growth - NE10

    3.4%

    42

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE10

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