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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Public records show 121, Avenue Road, Gateshead to be a period leasehold apartment with 1,076 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
121, Avenue Road, Gateshead has an estimated sale value of £137,759 and an estimated rental value of £992 per month, assuming reasonable condition and based on the information available.
Avenue Road, Gateshead, NE8 lies in the borough of Gateshead, within the NE8 postal district.
121, Avenue Road, Gateshead has a single entry in the Land Registry from March 2009 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate 121, Avenue Road, Gateshead would be worth £144,647, with a potential rental value of £1,041 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £128,116, with a rental value of £922 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 121, Avenue Road, Gateshead has climbed by £1,310 (1.0%) over the last year. During the same period, its estimated monthly rental value has risen by £28 (2.8%). The property's estimated gross yield is currently 8.6%.
121, Avenue Road, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
121, Avenue Road, Gateshead last changed hands on 13th March 2009, selling for £75,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 9.5% since March 2009.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 400 metres of 121, Avenue Road, Gateshead across the last 2 years.
Most recently, 99, Avenue Road, Gateshead, NE8 4JH, a leasehold flat, sold at £84,000 on the 10th December 2024.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 121, Avenue Road, Gateshead as the 46th largest and the 32nd most expensive of the 92 addresses on Avenue Road, Gateshead, NE8.
Against the NE8 postcode district average, it is £396 more expensive than the typical property.
Newcastle station is the nearest stop to 121, Avenue Road, Gateshead at 2.5 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 121, Avenue Road, Gateshead, 41.3% of property is privately rented and 25.2% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 121, Avenue Road, Gateshead, 17.3% of residents are recorded as possessing school level qualifications and 41.3% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 121, Avenue Road, Gateshead, the average age was 35.8 and the most common age was 32.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 121, Avenue Road, Gateshead, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 121, Avenue Road, Gateshead, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
