1 Gainsborough Avenue

    1, GAINSBOROUGH AVENUE, WASHINGTON, NE38 7EF

    This terraced freehold property on Gainsborough Avenue last sold in November 2016 for £125,000. Based on price growth in the NE38 district since then, its estimated current value is £159,120 — placing it in the 14th percentile nationally and the 43rd percentile within NE38. The property covers 86 m² (926 sq ft), giving an estimated value of £1,850 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    86 m²

    (926 sq ft)

    Last Sale Price

    £125,000

    Nov 2016

    Estimated Valuation

    £159,120

    Est. £/m²

    £1,850/m²

    £172/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area86 m² (926 sq ft)
    EPC dateAug 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Nov 2016

    £125,000

    10 Jun 2005

    £82,000

    Key Metrics

    Estimated valuation£159,120
    Value per m² / sq ft£1,850/m² (£172/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE38 district percentile43rd percentile
    National percentile14th percentile

    District Context — NE38

    NE38 covers Jarrow and surrounding areas in South Tyneside, on the south bank of the Tyne east of Gateshead. It is a historically industrial neighbourhood with a strong community character and increasingly popular with families and first-time buyers seeking affordable housing.

    Average Property Price - NE38

    £199,717

    12

    National percentile

    Average Net Household Income - NE38

    £36,616

    41

    National percentile

    10-Year Annualised Price Growth - NE38

    2.0%

    9

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE38

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