120 Avenue Road, Gateshead, NE8 4JE is a leasehold flat built between 1900-1929. The property offers approximately 1,313 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £59,834 , which equates to approximately £46 per square foot. It was last sold on 31 Jan 2017 for £50,000. Since then, the value has increased by £9,834, representing a 19.7% increase, or approximately 2.2% per year.

The current estimated value of £59,834 is:

  • 53.6% lower than the average property price on Avenue Road
  • 49.8% lower than the average in the NE8 4JE postcode area
  • and 66.1% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 6 September 2021, the property was recorded as rented.

View sold house prices in NE8 4JE

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
1313 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£59,834
Price Per sq ft (estimate)
£46
Bedroom Count (estimate)
4 bedrooms

EPC Summary

120 Avenue Road, Gateshead, Tyne And Wear, NE8 4JE has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 6 Sep 2021.

This property uses electric storage heaters as its main heating source. Hot water is provided by a gas boiler or circulator, but the cylinder is not fitted with a thermostat. The windows are fully double glazed.

Heating Type
Electric storage heaters
Average
Hot Water
Gas boiler/circulator, no cylinder thermostat
Poor
Roof
Pitched, no insulation
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 89% of fixed outlets
Very Good

Compared to NE8 4JE

18 th / 19
Price Rank
50% lower than average
7 th / 15
Size Rank
13% bigger than average
14 th / 15
Price Per Sq FT Rank
55% lower than average

Compared to other properties in NE8 4JE , this flat's estimated value ranks 18th out of 19. Based on price per square foot, it ranks 14th out of 15 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 7th out of 15 properties in its postcode area.

Sale History

Today
£59,834
streetscan.co.uk estimate
+20 %
31 Jan 2017
£50,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1345 sq ft
sale price: £150,000
sale date: 17 May 2024
rooms: 6
size: 1313 sq ft
sale price: £118,500
sale date: 13 Feb 2024
rooms: 5
size: 1389 sq ft
sale price: £111,000
sale date: 27 Nov 2023
rooms: 5
size: 1475 sq ft
sale price: £95,000
sale date: 6 Sep 2019
rooms: 5
size: 1335 sq ft
sale price: £110,000
sale date: 6 Jul 2015

Data Sources

The property at 120 Avenue Road, Gateshead, Tyne And Wear, NE8 4JE appears once in the Land Registry records, with the transaction recorded on 31 Jan 2017. It also has a single Energy Performance Certificate (EPC) from 6 Sep 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.