27 Florence Avenue

    27, FLORENCE AVENUE, GATESHEAD, NE9 5SQ

    This flat/maisonette leasehold property on Florence Avenue last sold in March 2016 for £68,000. Based on price growth in the NE9 district since then, its estimated current value is £79,228 — placing it in the 2nd percentile nationally and the 6th percentile within NE9. The property covers 48 m² (517 sq ft), giving an estimated value of £1,651 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    517 sq ft

    48 m²

    Last Sale Price

    £68,000

    Mar 2016

    Estimated Valuation

    £79,228

    Est. £/sq ft

    £153/sq ft

    £1,651/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    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

    3 Mar 2016

    £68,000

    16 Feb 2007

    £94,000

    15 May 2006

    £94,500

    14 Apr 2004

    £87,000

    Key Metrics

    Estimated valuation£79,228
    Value per sq ft / m²£153/sq ft (£1,651/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile6th percentile
    National percentile2nd 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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