16 Cromer Avenue

    16, CROMER AVENUE, GATESHEAD, NE9 6UJ

    This semi-detached leasehold property on Cromer Avenue last sold in September 2020 for £235,000. Based on price growth in the NE9 district since then, its estimated current value is £268,050 — placing it in the 42nd percentile nationally and the 72nd percentile within NE9. The property covers 102 m² (1,098 sq ft), giving an estimated value of £2,628 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    1,098 sq ft

    102 m²

    Last Sale Price

    £235,000

    Sept 2020

    Estimated Valuation

    £268,050

    Est. £/sq ft

    £244/sq ft

    £2,628/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,098 sq ft (102 m²)
    EPC dateDec 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Sept 2020

    £235,000

    Key Metrics

    Estimated valuation£268,050
    Value per sq ft / m²£244/sq ft (£2,628/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile72nd percentile
    National percentile42nd 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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