246 Eastbourne Avenue

    246, EASTBOURNE AVENUE, GATESHEAD, NE8 4NN

    This terraced freehold property on Eastbourne Avenue last sold in September 2024 for £160,000. Based on price growth in the NE8 district since then, its estimated current value is £176,825 — placing it in the 19th percentile nationally and the 69th percentile within NE8. The property covers 113 m² (1,216 sq ft), giving an estimated value of £1,565 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,216 sq ft

    113 m²

    Last Sale Price

    £160,000

    Sept 2024

    Estimated Valuation

    £176,825

    Est. £/sq ft

    £145/sq ft

    £1,565/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area1,216 sq ft (113 m²)
    EPC dateMar 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Sept 2024

    £160,000

    16 Mar 2016

    £140,000

    16 Jun 2009

    £135,000

    16 Sept 2005

    £127,000

    Key Metrics

    Estimated valuation£176,825
    Value per sq ft / m²£145/sq ft (£1,565/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile69th percentile
    National percentile19th 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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