281 Eastbourne Avenue, Gateshead, NE8 4NN is a leasehold flat built between 1900-1929. The property offers approximately 829 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £71,118 , which equates to approximately £86 per square foot. It was last sold on 1 Oct 2004 for £59,500. Since then, the value has increased by £11,618, representing a 19.5% increase, or approximately 0.9% per year.

The current estimated value of £71,118 is:

  • 21.0% lower than the average property price on Eastbourne Avenue
  • 44.1% lower than the average in the NE8 4NN postcode area
  • and 59.7% lower than the average price for Gateshead as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 6 December 2021, 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
829 sq ft
Tenure
Leasehold
Price (estimate)
£71,118
Price Per sq ft (estimate)
£86
Bedroom Count (estimate)
2 bedrooms

EPC Summary

281 Eastbourne Avenue, Gateshead, Tyne And Wear, NE8 4NN has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 6 Dec 2021.

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 5 Jul 2011. The rating of D remains the same, but the energy efficiency score improved by 4.6%.

Since the previous assessment, several changes were observed:

  • The heating system changed from boiler and underfloor heating, mains gas to boiler and radiators, mains gas, 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 60% of fixed outlets, with efficiency improving from average to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to NE8 4NN

38 th / 43
Price Rank
44% lower than average
22 nd / 36
Size Rank
17% smaller than average
33 rd / 36
Price Per Sq FT Rank
33% lower than average

Compared to other properties in NE8 4NN , this flat's estimated value ranks 38th out of 43. Based on price per square foot, it ranks 33th out of 36 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 22th out of 36 properties in its postcode area.

Sale History

Today
£71,118
streetscan.co.uk estimate
+20 %
1 Oct 2004
£59,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 797 sq ft
sale price: £122,500
sale date: 17 Jul 2024
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

Data Sources

The property at 281 Eastbourne Avenue, Gateshead, Tyne And Wear, NE8 4NN appears once in the Land Registry records, with the transaction recorded on 1 Oct 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Dec 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.