1 Gorsedene Avenue

    1, GORSEDENE AVENUE, WHITLEY BAY, NE26 4AJ

    This detached leasehold property on Gorsedene Avenue last sold in February 2005 for £110,000. Based on price growth in the NE26 district since then, its estimated current value is £204,515 — placing it in the 26th percentile nationally and the 18th percentile within NE26. The property covers 47 m² (506 sq ft), giving an estimated value of £4,351 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £110,000

    Feb 2005

    Estimated Valuation

    £204,515

    Est. £/sq ft

    £404/sq ft

    £4,351/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area506 sq ft (47 m²)
    EPC dateSept 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Feb 2005

    £110,000

    23 Apr 2004

    £55,000

    25 Oct 2000

    £42,500

    Key Metrics

    Estimated valuation£204,515
    Value per sq ft / m²£404/sq ft (£4,351/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE26 district percentile18th percentile
    National percentile26th percentile

    District Context — NE26

    NE26 covers Whitley Bay and surrounding neighbourhoods on the North East coast, north of the Tyne. It is a long-established residential area with appeal to families and retirees seeking seaside living and good transport connections.

    Average Property Price - NE26

    £370,550

    61

    National percentile

    Average Net Household Income - NE26

    £42,232

    67

    National percentile

    10-Year Annualised Price Growth - NE26

    5.1%

    90

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE26

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