125, Avenue Road
125, Avenue Road
Description & Estimates
125, Avenue Road, Gateshead is described in the public record as a period apartment with 1,119 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 125, Avenue Road, Gateshead is £140,228 and its rental estimate is £1,009 per month, given the available information and assuming reasonable condition.
Avenue Road, Gateshead, NE8 falls within the NE8 postal district, in the borough of Gateshead.
Our Data Sources
125, Avenue Road, Gateshead has no recent1 records in the the Land Registry and a single entry in the EPC database dated January 2021.
We combine this information with public data 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 125, Avenue Road, Gateshead, we estimate a market value of £147,239 and a rental value of £1,060 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £130,412 and £939 per month respectively.
Recent Market Change
Over the last year, 125, Avenue Road, Gateshead has seen its estimated sale value climb by £1,334 (1.0%) and its estimated rental value rise by £28 per month (2.8%). This results in an estimated gross rental yield of 8.6%.
Energy Efficiency
125, Avenue Road, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jan 2021.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 125, Avenue Road, Gateshead completed on 13th November 1997 at £27,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Nov 1997£27,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 125, Avenue Road, Gateshead have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th December 2024, was 121, Avenue Road, Gateshead, NE8 4JH, a leasehold flat which sold for £165,000.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 92 addresses on Avenue Road, Gateshead, NE8, 125, Avenue Road, Gateshead comes out as the 41st largest and the 29th most expensive in our analysis of the public data.
It is also £3k more expensive than the average property across the NE8 district.
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Schools Nearby
- 500mSouth Street Community Primary School
- 500mCaedmon Community Primary School
- 600mKelvin Grove Community Primary School
- 2.2kmGrace College
- 2.3kmNorth East Futures UTC
- 2.3kmCardinal Hume Catholic School, Gateshead
More reading links
Public Transport Nearby
From 125, Avenue Road, Gateshead, the nearest station is Newcastle, 2.5 kilometres away.
- 2.5kmNewcastle
- 2.5kmDunston
- 2.7kmManors
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
