40 Bensham Avenue

    40, BENSHAM AVENUE, GATESHEAD, GATESHEAD, NE8 1XT

    This flat/maisonette freehold property on Bensham Avenue last sold in July 2007 for £77,000. Based on price growth in the NE8 district since then, its estimated current value is £87,930 — placing it in the 2nd percentile nationally and the 23rd percentile within NE8. The property covers 73 m² (786 sq ft), giving an estimated value of £1,205 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £77,000

    Jul 2007

    Estimated Valuation

    £87,930

    Est. £/sq ft

    £112/sq ft

    £1,205/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialD
    Floor area786 sq ft (73 m²)
    EPC dateJul 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Jul 2007

    £77,000

    20 Oct 2006

    £55,000

    11 Aug 2006

    £45,000

    Key Metrics

    Estimated valuation£87,930
    Value per sq ft / m²£112/sq ft (£1,205/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile23rd percentile
    National percentile2nd percentile

    District Context — NE8

    NE8 covers Gateshead and surrounding areas in Tyne and Wear, situated south of the River Tyne in the North East. It is a primarily working-class and lower-middle-income area with a significant rental market and strong community character.

    Average Property Price - NE8

    £157,635

    4

    National percentile

    Average Net Household Income - NE8

    £31,485

    12

    National percentile

    10-Year Annualised Price Growth - NE8

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE8

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