7 Avondale Terrace

    7, AVONDALE TERRACE, GATESHEAD, NE8 4NE

    This terraced freehold property on Avondale Terrace last sold in February 2022 for £270,000. Based on price growth in the NE8 district since then, its estimated current value is £320,655 — placing it in the 54th percentile nationally and the 97th percentile within NE8. The property covers 200 m² (2,153 sq ft), giving an estimated value of £1,603 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,153 sq ft

    200 m²

    Last Sale Price

    £270,000

    Feb 2022

    Estimated Valuation

    £320,655

    Est. £/sq ft

    £149/sq ft

    £1,603/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area2,153 sq ft (200 m²)
    EPC dateNov 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Feb 2022

    £270,000

    Key Metrics

    Estimated valuation£320,655
    Value per sq ft / m²£149/sq ft (£1,603/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile97th percentile
    National percentile54th 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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