115 Avenue Road

    115, AVENUE ROAD, GATESHEAD, GATESHEAD, NE8 4JH

    This terraced freehold property on Avenue Road last sold in July 2005 for £78,000. Based on price growth in the NE8 district since then, its estimated current value is £124,893 — placing it in the 8th percentile nationally and the 45th percentile within NE8. The property covers 78 m² (840 sq ft), giving an estimated value of £1,601 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £78,000

    Jul 2005

    Estimated Valuation

    £124,893

    Est. £/sq ft

    £149/sq ft

    £1,601/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area840 sq ft (78 m²)
    EPC dateAug 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Jul 2005

    £78,000

    21 Sept 1995

    £27,000

    Key Metrics

    Estimated valuation£124,893
    Value per sq ft / m²£149/sq ft (£1,601/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile45th percentile
    National percentile8th 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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