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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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90, Avenue Road, Gateshead is recorded publicly as a period leasehold apartment across 1,345 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 90, Avenue Road, Gateshead is £131,405 and its rental estimate is £1,016 per month, given the available information and assuming reasonable condition.
Avenue Road, Gateshead, NE8 falls within the NE8 postal district, in the borough of Gateshead.
90, Avenue Road, Gateshead has 21 entries in the Land Registry , most recently in May 2024 and a single entry in the EPC database dated January 2024.
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.
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 90, Avenue Road, Gateshead, we estimate a market value of £137,976 and a rental value of £1,067 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £122,207 and £945 per month respectively.
Over the last year, 90, Avenue Road, Gateshead has seen its estimated sale value climb by £1,250 (1.0%) and its estimated rental value rise by £28 per month (2.8%). This results in an estimated gross rental yield of 9.3%.
90, Avenue Road, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jan 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 90, Avenue Road, Gateshead completed on 17th May 2024 at £150,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 17.6% over the period since May 2024.
Over the past 2 years 3 properties similar to 90, Avenue Road, Gateshead have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th February 2024, was 100, Avenue Road, Gateshead, NE8 4JE, a leasehold flat which sold for £118,500.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 92 addresses on Avenue Road, Gateshead, NE8, 90, Avenue Road, Gateshead comes out as the 23rd largest and the 36th most expensive in our analysis of the public data.
It is also £6k less expensive than the average property across the NE8 district.
From 90, Avenue Road, Gateshead, the nearest station is Newcastle, 2.4 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 90, Avenue Road, Gateshead, 43.0% of property is privately rented and 25.8% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 90, Avenue Road, Gateshead, 20.1% of residents are recorded as possessing school level qualifications and 38.3% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 90, Avenue Road, Gateshead, the average age was 35.8 and the most common age was 32.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 90, Avenue Road, Gateshead, 0.7% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 90, Avenue Road, Gateshead, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
