38, Oak Avenue
38, Oak Avenue
Description & Estimates
Public records show 38, Oak Avenue, Gateshead to be an early-century leasehold apartment with 656 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
38, Oak Avenue, Gateshead has an estimated sale value of £75,338 and an estimated rental value of £615 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
38, Oak Avenue, Gateshead has 31 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated May 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 38, Oak Avenue, Gateshead would be worth £79,105, with a potential rental value of £645 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £70,064, with a rental value of £572 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 38, Oak Avenue, Gateshead has risen by £739 (1.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £17 (2.8%). The property's estimated gross yield is currently 9.8%.
Energy Efficiency
38, Oak Avenue, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
38, Oak Avenue, Gateshead last changed hands on 28th November 2022, selling for £75,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 4.0% since November 2022.
- Sold Nov 2022£75,000
- Sold Dec 2005£73,000
- Sold Jun 1999£26,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 510 metres of 38, Oak Avenue, Gateshead across the last 2 years.
Most recently, 34, Oak Avenue, Gateshead, NE11 9UQ, a leasehold flat, sold at £84,950 on the 24th March 2025.
Read more about house prices in NE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 38, Oak Avenue, Gateshead as the 75th largest and the 75th most expensive of the 82 addresses on Oak Avenue, Gateshead, NE11.
Against the NE11 postcode district average, it is £62k less expensive than the typical property.
More reading links
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 38, 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.
