5 Richmond Avenue

    5, RICHMOND AVENUE, GATESHEAD, NE10 0TA

    This semi-detached freehold property on Richmond Avenue last sold in July 2021 for £180,000. Based on price growth in the NE10 district since then, its estimated current value is £198,240 — placing it in the 24th percentile nationally and the 77th percentile within NE10. The property covers 81 m² (872 sq ft), giving an estimated value of £2,447 per m². The EPC rating is E, with a potential rating of D.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    872 sq ft

    81 m²

    Last Sale Price

    £180,000

    Jul 2021

    Estimated Valuation

    £198,240

    Est. £/sq ft

    £227/sq ft

    £2,447/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area872 sq ft (81 m²)
    EPC dateMar 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Jul 2021

    £180,000

    28 Jun 2002

    £78,500

    Key Metrics

    Estimated valuation£198,240
    Value per sq ft / m²£227/sq ft (£2,447/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile77th percentile
    National percentile24th 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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