11 Oak Avenue

    11, OAK AVENUE, GATESHEAD, NE11 9UQ

    This flat/maisonette leasehold property on Oak Avenue last sold in August 2009 for £68,000. Based on price growth in the NE11 district since then, its estimated current value is £86,338 — placing it in the 2nd percentile nationally and the 7th percentile within NE11. The property covers 84 m² (904 sq ft), giving an estimated value of £1,028 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    904 sq ft

    84 m²

    Last Sale Price

    £68,000

    Aug 2009

    Estimated Valuation

    £86,338

    Est. £/sq ft

    £96/sq ft

    £1,028/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area904 sq ft (84 m²)
    EPC dateSept 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Aug 2009

    £68,000

    25 Jun 2003

    £53,950

    Key Metrics

    Estimated valuation£86,338
    Value per sq ft / m²£96/sq ft (£1,028/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile7th percentile
    National percentile2nd 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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