242 Eastbourne Avenue

    242, EASTBOURNE AVENUE, GATESHEAD, NE8 4NN

    This terraced freehold property on Eastbourne Avenue last sold in March 2012 for £85,000. Based on price growth in the NE8 district since then, its estimated current value is £121,163 — placing it in the 7th percentile nationally and the 43rd percentile within NE8. The property covers 100 m² (1,076 sq ft), giving an estimated value of £1,212 per m². The EPC rating is F, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,076 sq ft

    100 m²

    Last Sale Price

    £85,000

    Mar 2012

    Estimated Valuation

    £121,163

    Est. £/sq ft

    £113/sq ft

    £1,212/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialB
    Floor area1,076 sq ft (100 m²)
    EPC dateJan 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, mains gas

    Transaction History

    30 Mar 2012

    £85,000

    Key Metrics

    Estimated valuation£121,163
    Value per sq ft / m²£113/sq ft (£1,212/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile43rd percentile
    National percentile7th 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

    More properties in NE8

    Streets in NE8

    Explore nearby