16 Florence Avenue

    16, FLORENCE AVENUE, GATESHEAD, NE9 5SQ

    This flat/maisonette leasehold property on Florence Avenue last sold in October 2016 for £105,000. Based on price growth in the NE9 district since then, its estimated current value is £122,337 — placing it in the 7th percentile nationally and the 22nd percentile within NE9. The property covers 66 m² (710 sq ft), giving an estimated value of £1,854 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £105,000

    Oct 2016

    Estimated Valuation

    £122,337

    Est. £/sq ft

    £172/sq ft

    £1,854/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area710 sq ft (66 m²)
    EPC dateSept 2016
    WallsSolid brick, with internal insulation
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Oct 2016

    £105,000

    Key Metrics

    Estimated valuation£122,337
    Value per sq ft / m²£172/sq ft (£1,854/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile22nd percentile
    National percentile7th 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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