264 Westbourne Avenue

    264, WESTBOURNE AVENUE, GATESHEAD, NE8 4NS

    This flat/maisonette leasehold property on Westbourne Avenue last sold in October 2013 for £85,000. Based on price growth in the NE8 district since then, its estimated current value is £109,483 — placing it in the 5th percentile nationally and the 37th percentile within NE8. The property covers 64 m² (689 sq ft), giving an estimated value of £1,711 per m². The EPC rating is E, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £85,000

    Oct 2013

    Estimated Valuation

    £109,483

    Est. £/sq ft

    £159/sq ft

    £1,711/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area689 sq ft (64 m²)
    EPC dateJun 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Oct 2013

    £85,000

    9 Jan 2009

    New build

    £88,000

    3 Feb 2006

    £45,000

    Key Metrics

    Estimated valuation£109,483
    Value per sq ft / m²£159/sq ft (£1,711/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile37th percentile
    National percentile5th 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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