14 Park Avenue

    14, PARK AVENUE, GATESHEAD, NE11 9QE

    This detached freehold property on Park Avenue last sold in May 2015 for £240,000. Based on price growth in the NE11 district since then, its estimated current value is £400,695 — placing it in the 67th percentile nationally and the 96th percentile within NE11. The property covers 106 m² (1,141 sq ft), giving an estimated value of £3,780 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,141 sq ft

    106 m²

    Last Sale Price

    £240,000

    May 2015

    Estimated Valuation

    £400,695

    Est. £/sq ft

    £351/sq ft

    £3,780/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area1,141 sq ft (106 m²)
    EPC dateMar 2023
    WallsCavity wall, filled cavity
    HeatingAir source heat pump, radiators, electric

    Transaction History

    29 May 2015

    £240,000

    15 Jul 2009

    £220,000

    17 May 1999

    £111,000

    Key Metrics

    Estimated valuation£400,695
    Value per sq ft / m²£351/sq ft (£3,780/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile96th percentile
    National percentile67th 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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