5 Florence Avenue

    5, FLORENCE AVENUE, GATESHEAD, NE9 5SQ

    This flat/maisonette leasehold property on Florence Avenue last sold in May 2022 for £114,000. Based on price growth in the NE9 district since then, its estimated current value is £109,757 — placing it in the 5th percentile nationally and the 17th percentile within NE9. The property covers 54 m² (581 sq ft), giving an estimated value of £2,033 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £114,000

    May 2022

    Estimated Valuation

    £109,757

    Est. £/sq ft

    £189/sq ft

    £2,033/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 area581 sq ft (54 m²)
    EPC dateJun 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 May 2022

    £114,000

    11 Mar 2005

    £99,500

    28 Nov 2003

    £90,000

    16 Nov 2001

    £47,000

    27 Aug 1997

    £35,000

    Key Metrics

    Estimated valuation£109,757
    Value per sq ft / m²£189/sq ft (£2,033/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile17th percentile
    National percentile5th 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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