50 Eastbourne Avenue, Gateshead, NE8 4NH is a leasehold flat built between 1900-1929. The property offers approximately 1,066 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £72,387 , which equates to approximately £68 per square foot. It was last sold on 14 Aug 2019 for £63,500. Since then, the value has increased by £8,887, representing a 14.0% increase, or approximately 2.2% per year.

The current estimated value of £72,387 is:

  • 19.6% lower than the average property price on Eastbourne Avenue
  • 16.8% lower than the average in the NE8 4NH postcode area
  • and 59.0% lower than the average price for Gateshead as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 20 November 2018, the property was recorded as owner-occupied.

View sold house prices in NE8 4NH

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
1066 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£72,387
Price Per sq ft (estimate)
£68
Bedroom Count (estimate)
3 bedrooms

EPC Summary

50 Eastbourne Avenue, Gateshead, Tyne And Wear, NE8 4NH has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 20 Nov 2018.

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 20 Aug 2015. The rating of D remains the same, but the energy efficiency score improved by 17.9%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 270 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 36% 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
Roof
Pitched, 270 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to NE8 4NH

16 th / 65
Price Rank
17% lower than average
12 th / 64
Size Rank
31% bigger than average
46 th / 64
Price Per Sq FT Rank
36% lower than average

Compared to other properties in NE8 4NH , this flat's estimated value ranks 16th out of 65. Based on price per square foot, it ranks 46th out of 64 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 12th out of 64 properties in its postcode area.

Sale History

Today
£72,387
streetscan.co.uk estimate
+14 %
14 Aug 2019
£63,500
Leasehold
+234.2 %
19 Oct 2001
£19,000
Leasehold
-36.6 %
3 Mar 1995
£29,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 990 sq ft
sale price: £50,000
sale date: 17 Feb 2022
rooms: 4
size: 926 sq ft
sale price: £65,000
sale date: 26 Apr 2019
rooms: 4
size: 1109 sq ft
sale price: £80,000
sale date: 27 Jun 2017
rooms: 3
size: 1017 sq ft
sale price: £13,000
sale date: 21 May 1998

Data Sources

The property at 50 Eastbourne Avenue, Gateshead, NE8 4NH appears three times in the Land Registry records, with the latest transaction recorded on 14 Aug 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Nov 2018. 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.