247 Eastbourne Avenue, Gateshead, NE8 4NN is a leasehold flat built between 1900-1929. The property offers approximately 797 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £123,849 , which equates to approximately £156 per square foot. It was last sold on 17 Jul 2024 for £122,500. Since then, the value has increased by £1,349, representing a 1.1% increase, or approximately 0.8% per year.

The current estimated value of £123,849 is:

  • 37.5% higher than the average property price on Eastbourne Avenue
  • 2.7% lower than the average in the NE8 4NN postcode area
  • and 29.8% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 12 February 2024, the property was recorded as rented.

View sold house prices in NE8 4NN

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
797 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£123,849
Price Per sq ft (estimate)
£156
Bedroom Count (estimate)
2 bedrooms

EPC Summary

247 Eastbourne Avenue, Gateshead, Tyne And Wear, NE8 4NN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 12 Feb 2024.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 18 Mar 2011, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 13.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, 250 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 29% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE8 4NN

23 rd / 43
Price Rank
3% lower than average
29 th / 36
Size Rank
20% smaller than average
11 th / 36
Price Per Sq FT Rank
22% higher than average

Compared to other properties in NE8 4NN , this flat's estimated value ranks 23th out of 43. Based on price per square foot, it ranks 11th out of 36 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 29th out of 36 properties in its postcode area.

Sale History

Today
£123,849
streetscan.co.uk estimate
+1 %
17 Jul 2024
£122,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 818 sq ft
sale price: £82,500
sale date: 5 Oct 2023
rooms: 3
size: 764 sq ft
sale price: £120,000
sale date: 21 Jun 2023
rooms: 4
size: 840 sq ft
sale price: £104,000
sale date: 25 Jan 2023
rooms: 4
size: 797 sq ft
sale price: £85,000
sale date: 16 Dec 2022
rooms: 3
size: 710 sq ft
sale price: £105,000
sale date: 4 Jul 2022

Data Sources

The property at 247 Eastbourne Avenue, Gateshead, Tyne And Wear, NE8 4NN appears once in the Land Registry records, with the transaction recorded on 17 Jul 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Feb 2024. 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.