2 Morley Avenue

    2, MORLEY AVENUE, GATESHEAD, NE10 0UJ

    This flat/maisonette leasehold property on Morley Avenue last sold in August 2024 for £90,000. Based on price growth in the NE10 district since then, its estimated current value is £90,829 — placing it in the 3rd percentile nationally and the 17th percentile within NE10. The property covers 76 m² (818 sq ft), giving an estimated value of £1,195 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £90,000

    Aug 2024

    Estimated Valuation

    £90,829

    Est. £/sq ft

    £111/sq ft

    £1,195/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area818 sq ft (76 m²)
    EPC dateNov 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Aug 2024

    £90,000

    29 Aug 2008

    New build

    £50,000

    Key Metrics

    Estimated valuation£90,829
    Value per sq ft / m²£111/sq ft (£1,195/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile17th percentile
    National percentile3rd 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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