3 Oak Avenue

    3, OAK AVENUE, GATESHEAD, NE11 9UQ

    This semi-detached freehold property on Oak Avenue last sold in May 2024 for £124,000. Based on price growth in the NE11 district since then, its estimated current value is £119,975 — placing it in the 7th percentile nationally and the 21st percentile within NE11. The property covers 82 m² (883 sq ft), giving an estimated value of £1,463 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    883 sq ft

    82 m²

    Last Sale Price

    £124,000

    May 2024

    Estimated Valuation

    £119,975

    Est. £/sq ft

    £136/sq ft

    £1,463/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area883 sq ft (82 m²)
    EPC dateSept 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 May 2024

    £124,000

    1 Apr 2014

    £61,425

    Key Metrics

    Estimated valuation£119,975
    Value per sq ft / m²£136/sq ft (£1,463/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile21st percentile
    National percentile7th 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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