24 Florence Avenue

    24, FLORENCE AVENUE, GATESHEAD, NE9 5SQ

    This terraced freehold property on Florence Avenue last sold in May 2016 for £135,000. Based on price growth in the NE9 district since then, its estimated current value is £171,930 — placing it in the 17th percentile nationally and the 43rd percentile within NE9. The property covers 48 m² (517 sq ft), giving an estimated value of £3,582 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    517 sq ft

    48 m²

    Last Sale Price

    £135,000

    May 2016

    Estimated Valuation

    £171,930

    Est. £/sq ft

    £333/sq ft

    £3,582/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area517 sq ft (48 m²)
    EPC dateApr 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 May 2016

    £135,000

    19 Nov 2010

    £142,500

    30 May 1997

    £29,500

    Key Metrics

    Estimated valuation£171,930
    Value per sq ft / m²£333/sq ft (£3,582/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile43rd percentile
    National percentile17th 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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