8 Woodward Avenue

    8, WOODWARD AVENUE, GATESHEAD, NE8 3FH

    This detached leasehold property on Woodward Avenue last sold in August 2012 for £150,000. Based on price growth in the NE8 district since then, its estimated current value is £280,598 — placing it in the 45th percentile nationally and the 94th percentile within NE8. The property covers 112 m² (1,206 sq ft), giving an estimated value of £2,505 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    1,206 sq ft

    112 m²

    Last Sale Price

    £150,000

    Aug 2012

    Estimated Valuation

    £280,598

    Est. £/sq ft

    £233/sq ft

    £2,505/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,206 sq ft (112 m²)
    EPC dateOct 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Aug 2012

    New build

    £150,000

    Key Metrics

    Estimated valuation£280,598
    Value per sq ft / m²£233/sq ft (£2,505/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile94th percentile
    National percentile45th 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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