127, Avenue Road
127, Avenue Road
Description & Estimates
Public records show 127, Avenue Road, Gateshead to be a period leasehold apartment with 635 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
127, Avenue Road, Gateshead has an estimated sale value of £107,377 and an estimated rental value of £755 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.
Our Data Sources
127, Avenue Road, Gateshead has 21 entries in the Land Registry , most recently in August 2019 and a single entry in the EPC database dated August 2020.
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.
Price Range & Condition
In very good condition, we estimate 127, Avenue Road, Gateshead would be worth £112,745, with a potential rental value of £793 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £99,860, with a rental value of £703 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 127, Avenue Road, Gateshead has climbed by £1,053 (1.0%) over the last year. During the same period, its estimated monthly rental value has risen by £21 (2.8%). The property's estimated gross yield is currently 8.4%.
Energy Efficiency
127, Avenue Road, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
127, Avenue Road, Gateshead last changed hands on 12th August 2019, selling for £120,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 7.4% since August 2019.
- Sold Aug 2019£120,000
- Sold Nov 2005£85,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 410 metres of 127, Avenue Road, Gateshead across the last 2 years.
Most recently, 101, 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.
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Location Comparison
Our analysis of the public data ranks 127, Avenue Road, Gateshead as the 83rd largest and the 65th most expensive of the 92 addresses on Avenue Road, Gateshead, NE8.
Against the NE8 postcode district average, it is £30k less expensive than the typical property.
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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
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Public Transport Nearby
Newcastle station is the nearest stop to 127, Avenue Road, Gateshead at 2.5 kilometres away.
- 2.5kmNewcastle
- 2.5kmDunston
- 2.7kmManors
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
