131, Avenue Road
131, Avenue Road
Description & Estimates
Public records show 131, Avenue Road, Gateshead to be a period leasehold apartment with 667 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
131, Avenue Road, Gateshead has an estimated sale value of £109,769 and an estimated rental value of £771 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
131, Avenue Road, Gateshead has 41 entries in the Land Registry , most recently in May 2023 and a single entry in the EPC database dated October 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 131, Avenue Road, Gateshead would be worth £115,258, with a potential rental value of £810 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £102,085, with a rental value of £717 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 131, Avenue Road, Gateshead has risen by £1,076 (1.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £22 (2.8%). The property's estimated gross yield is currently 8.4%.
Energy Efficiency
131, Avenue Road, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Oct 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
131, Avenue Road, Gateshead last changed hands on 26th May 2023, selling for £112,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 16.6% since May 2023.
- Sold May 2023£112,000
- Sold Feb 2007£107,500
- Sold Mar 2005£75,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 410 metres of 131, Avenue Road, Gateshead across the last 2 years.
Most recently, 109, Avenue Road, Gateshead, NE8 4JH, a leasehold flat, sold at £120,000 on the 6th May 2025.
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 131, Avenue Road, Gateshead as the 79th largest and the 60th most expensive of the 92 addresses on Avenue Road, Gateshead, NE8.
Against the NE8 postcode district average, it is £28k 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 131, 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.
