94 Avenue Road

    94, AVENUE ROAD, GATESHEAD, NE8 4JE

    This flat/maisonette leasehold property on Avenue Road last sold in June 2023 for £165,000. Based on price growth in the NE8 district since then, its estimated current value is £171,820 — placing it in the 17th percentile nationally and the 67th percentile within NE8. The property covers 250 m² (2,691 sq ft), giving an estimated value of £687 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    2,691 sq ft

    250 m²

    Last Sale Price

    £165,000

    Jun 2023

    Estimated Valuation

    £171,820

    Est. £/sq ft

    £64/sq ft

    £687/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,691 sq ft (250 m²)
    EPC dateOct 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Jun 2023

    £165,000

    28 Jan 2008

    £135,000

    6 Sept 2004

    £20,134

    21 Nov 1997

    £36,000

    Key Metrics

    Estimated valuation£171,820
    Value per sq ft / m²£64/sq ft (£687/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile67th percentile
    National percentile17th 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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