137 Avenue Road

    137, AVENUE ROAD, GATESHEAD, NE8 4JH

    This flat/maisonette leasehold property on Avenue Road last sold in October 2021 for £162,000. Based on price growth in the NE8 district since then, its estimated current value is £183,307 — placing it in the 20th percentile nationally and the 72nd percentile within NE8. The property covers 120 m² (1,292 sq ft), giving an estimated value of £1,528 per m². The EPC rating is F, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,292 sq ft

    120 m²

    Last Sale Price

    £162,000

    Oct 2021

    Estimated Valuation

    £183,307

    Est. £/sq ft

    £142/sq ft

    £1,528/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialD
    Floor area1,292 sq ft (120 m²)
    EPC dateFeb 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas, Room heaters, mains gas

    Transaction History

    22 Oct 2021

    £162,000

    5 Dec 2003

    £90,000

    19 May 2000

    £45,000

    1 Oct 1999

    £40,000

    Key Metrics

    Estimated valuation£183,307
    Value per sq ft / m²£142/sq ft (£1,528/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile72nd percentile
    National percentile20th 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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