68 Avenue Road

    68, AVENUE ROAD, GATESHEAD, NE8 4JE

    This flat/maisonette leasehold property on Avenue Road last sold in July 2015 for £110,000. Based on price growth in the NE8 district since then, its estimated current value is £138,056 — placing it in the 10th percentile nationally and the 52nd percentile within NE8. The property covers 124 m² (1,335 sq ft), giving an estimated value of £1,113 per m². The EPC rating is E, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,335 sq ft

    124 m²

    Last Sale Price

    £110,000

    Jul 2015

    Estimated Valuation

    £138,056

    Est. £/sq ft

    £103/sq ft

    £1,113/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area1,335 sq ft (124 m²)
    EPC dateFeb 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Jul 2015

    £110,000

    27 Oct 2000

    £35,950

    26 Oct 2000

    £47,000

    27 Mar 1997

    £29,000

    Key Metrics

    Estimated valuation£138,056
    Value per sq ft / m²£103/sq ft (£1,113/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile52nd percentile
    National percentile10th 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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