38 Cromer Avenue

    38, CROMER AVENUE, GATESHEAD, NE9 6UJ

    This terraced leasehold property on Cromer Avenue last sold in January 2016 for £170,000. Based on price growth in the NE9 district since then, its estimated current value is £216,505 — placing it in the 29th percentile nationally and the 56th percentile within NE9. The property covers 68 m² (732 sq ft), giving an estimated value of £3,184 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £170,000

    Jan 2016

    Estimated Valuation

    £216,505

    Est. £/sq ft

    £296/sq ft

    £3,184/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area732 sq ft (68 m²)
    EPC dateMay 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Jan 2016

    £170,000

    Key Metrics

    Estimated valuation£216,505
    Value per sq ft / m²£296/sq ft (£3,184/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile56th percentile
    National percentile29th 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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