40 Park View Avenue

    40, PARK VIEW AVENUE, GATESHEAD, NE9 5EN

    This semi-detached leasehold property on Park View Avenue last sold in October 2023 for £331,000. Based on price growth in the NE9 district since then, its estimated current value is £335,500 — placing it in the 56th percentile nationally and the 85th percentile within NE9. The property covers 126 m² (1,356 sq ft), giving an estimated value of £2,663 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    1,356 sq ft

    126 m²

    Last Sale Price

    £331,000

    Oct 2023

    Estimated Valuation

    £335,500

    Est. £/sq ft

    £247/sq ft

    £2,663/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction age2023
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,356 sq ft (126 m²)
    EPC dateJun 2023
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Oct 2023

    £331,000

    Key Metrics

    Estimated valuation£335,500
    Value per sq ft / m²£247/sq ft (£2,663/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile85th percentile
    National percentile56th percentile

    District Context — NE9

    NE9 covers Gateshead and surrounding areas in Tyne and Wear, south of the River Tyne. It is a mixed residential district with a blend of urban and suburban character, offering good transport links and community amenities.

    Average Property Price - NE9

    £217,116

    17

    National percentile

    Average Net Household Income - NE9

    £34,891

    31

    National percentile

    10-Year Annualised Price Growth - NE9

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE9

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