13 Park Avenue

    13, PARK AVENUE, GATESHEAD, NE11 9QE

    This detached leasehold property on Park Avenue last sold in September 2015 for £305,000. Based on price growth in the NE11 district since then, its estimated current value is £509,217 — placing it in the 80th percentile nationally and the 99th percentile within NE11. The property covers 171 m² (1,841 sq ft), giving an estimated value of £2,978 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    1,841 sq ft

    171 m²

    Last Sale Price

    £305,000

    Sept 2015

    Estimated Valuation

    £509,217

    Est. £/sq ft

    £277/sq ft

    £2,978/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,841 sq ft (171 m²)
    EPC dateApr 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Sept 2015

    £305,000

    Key Metrics

    Estimated valuation£509,217
    Value per sq ft / m²£277/sq ft (£2,978/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile99th percentile
    National percentile80th 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

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