12 Park Avenue

    12, PARK AVENUE, GATESHEAD, NE11 9QE

    This detached freehold property on Park Avenue last sold in September 2022 for £317,000. Based on price growth in the NE11 district since then, its estimated current value is £355,434 — placing it in the 60th percentile nationally and the 93rd percentile within NE11. The property covers 80 m² (861 sq ft), giving an estimated value of £4,443 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £317,000

    Sept 2022

    Estimated Valuation

    £355,434

    Est. £/sq ft

    £413/sq ft

    £4,443/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area861 sq ft (80 m²)
    EPC dateJun 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Sept 2022

    £317,000

    5 Apr 2004

    £173,000

    Key Metrics

    Estimated valuation£355,434
    Value per sq ft / m²£413/sq ft (£4,443/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile93rd percentile
    National percentile60th percentile

    District Context — NE11

    NE11 covers Cramlington and surrounding areas in south-east Northumberland, situated between Newcastle and the coast. It is a largely suburban district with a strong family-oriented character and established residential communities.

    Average Property Price - NE11

    £184,538

    8

    National percentile

    Average Net Household Income - NE11

    £34,075

    26

    National percentile

    10-Year Annualised Price Growth - NE11

    4.0%

    67

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE11

    More properties in NE11

    Streets in NE11

    Explore nearby