7 Morley Avenue

    7, MORLEY AVENUE, GATESHEAD, NE10 0UJ

    This terraced leasehold property on Morley Avenue last sold in July 2023 for £92,000. Based on price growth in the NE10 district since then, its estimated current value is £95,222 — placing it in the 3rd percentile nationally and the 19th percentile within NE10. The property covers 70 m² (753 sq ft), giving an estimated value of £1,360 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £92,000

    Jul 2023

    Estimated Valuation

    £95,222

    Est. £/sq ft

    £126/sq ft

    £1,360/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area753 sq ft (70 m²)
    EPC dateDec 2019
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Jul 2023

    £92,000

    18 Sept 2009

    £95,000

    23 Aug 2006

    £99,000

    31 Aug 2001

    £24,000

    Key Metrics

    Estimated valuation£95,222
    Value per sq ft / m²£126/sq ft (£1,360/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile19th 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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