27, Oak Avenue
27, Oak Avenue
Description & Estimates
Public records show 27, Oak Avenue, Gateshead to be an early-century leasehold house with 749 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
27, Oak Avenue, Gateshead has an estimated sale value of £131,687 and an estimated rental value of £866 per month, assuming reasonable condition and based on the information available.
Oak Avenue, Gateshead, NE11 lies in the borough of Gateshead, within the NE11 postal district.
Our Data Sources
27, Oak Avenue, Gateshead has 21 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated October 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 27, Oak Avenue, Gateshead would be worth £138,271, with a potential rental value of £910 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £122,469, with a rental value of £806 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 27, Oak Avenue, Gateshead has grown by £1,535 (1.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £28 (3.2%). The property's estimated gross yield is currently 7.9%.
Energy Efficiency
27, Oak Avenue, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Oct 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
27, Oak Avenue, Gateshead last changed hands on 25th June 2021, selling for £80,000. The transaction was logged as a leasehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 18.1% since June 2021.
- Sold Jun 2021£80,000
- Sold Jul 2004£73,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of 27, Oak Avenue, Gateshead across the last 2 years.
Most recently, 30, Valley Drive, Gateshead, NE11 9XD, a freehold house, sold at £135,000 on the 30th August 2024.
Read more about house prices in NE11.
•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 27, Oak Avenue, Gateshead as the 24th largest and the 12th most expensive of the 82 addresses on Oak Avenue, Gateshead, NE11.
Against the NE11 postcode district average, it is £6k less expensive than the typical property.
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Schools Nearby
- 400mDunston Hill Community Primary School
- 900mSt Philip Neri Catholic Primary School, Dunston
- 1.0kmLobley Hill Primary School
- 500mKingsmeadow Community School
- 2.5kmWhickham School
- 3.0kmNorth East Futures UTC
More reading links
Public Transport Nearby
Dunston station is the nearest stop to 27, Oak Avenue, Gateshead at 600 metres away.
- 600mDunston
- 1.8kmMetroCentre
- 3.1kmNewcastle
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.
