283, Eastbourne Avenue
283, Eastbourne Avenue
Description & Estimates
283, Eastbourne Avenue, Gateshead is described in the public record as a period apartment with 925 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 283, Eastbourne Avenue, Gateshead is £113,161 and its rental estimate is £868 per month, given the available information and assuming reasonable condition.
Eastbourne Avenue, Gateshead, NE8 falls within the NE8 postal district, in the borough of Gateshead.
Our Data Sources
283, Eastbourne Avenue, Gateshead has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2018.
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 283, Eastbourne Avenue, Gateshead, we estimate a market value of £118,819 and a rental value of £912 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £105,240 and £808 per month respectively.
Recent Market Change
Over the last year, 283, Eastbourne Avenue, Gateshead has seen its estimated sale value increase by £1,076 (1.0%) and its estimated rental value grow by £24 per month (2.8%). This results in an estimated gross rental yield of 9.2%.
Energy Efficiency
283, Eastbourne Avenue, Gateshead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Jul 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 283, Eastbourne Avenue, Gateshead completed on 21st December 2005 at £131,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
- Sold Dec 2005£131,500
- Sold Sep 2000£22,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 283, Eastbourne Avenue, Gateshead have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th July 2024, was 247, Eastbourne Avenue, Gateshead, NE8 4NN, a leasehold flat which sold for £122,500.
Read more about house prices in NE8.
- Sold Jul 2024£122,500 | 3 Bed Flat247, Eastbourne Avenue, Gateshead, NE8 4NN247, Eastbourne Avenue, Gateshead, NE8 4NN
- Sold Jul 2024£69,500 | 3 Bed Flat227, Eastbourne Avenue, Gateshead, NE8 4NN227, Eastbourne Avenue, Gateshead, NE8 4NN
- Sold Oct 2023£82,500 | 3 Bed Flat271, Eastbourne Avenue, Gateshead, NE8 4NN271, Eastbourne Avenue, Gateshead, NE8 4NN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 262 addresses on Eastbourne Avenue, Gateshead, NE8, 283, Eastbourne Avenue, Gateshead comes out as the 52nd largest and the 36th most expensive in our analysis of the public data.
It is also £24k less expensive than the average property across the NE8 district.
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Schools Nearby
- 400mKelvin Grove Community Primary School
- 400mCorpus Christi Catholic Primary School, Gateshead
- 500mCaedmon Community Primary School
- 2.2kmGrace College
- 2.2kmNorth East Futures UTC
- 2.4kmCardinal Hume Catholic School, Gateshead
More reading links
Public Transport Nearby
From 283, Eastbourne Avenue, Gateshead, the nearest station is Dunston, 2.4 kilometres away.
- 2.4kmDunston
- 2.4kmNewcastle
- 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.
