2 Gorsedene Avenue

    2, GORSEDENE AVENUE, WHITLEY BAY, NE26 4AJ

    This flat/maisonette leasehold property on Gorsedene Avenue last sold in March 2016 for £105,000. Based on price growth in the NE26 district since then, its estimated current value is £147,461 — placing it in the 12th percentile nationally and the 7th percentile within NE26. The property covers 78 m² (840 sq ft), giving an estimated value of £1,891 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £105,000

    Mar 2016

    Estimated Valuation

    £147,461

    Est. £/sq ft

    £176/sq ft

    £1,891/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area840 sq ft (78 m²)
    EPC dateMar 2020
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Mar 2016

    £105,000

    23 Feb 2007

    £108,000

    4 Jul 1997

    £28,000

    Key Metrics

    Estimated valuation£147,461
    Value per sq ft / m²£176/sq ft (£1,891/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE26 district percentile7th percentile
    National percentile12th 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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