According to the public record, 232, Eastbourne Avenue, Gateshead is a period freehold house with 1,077 ft2 of internal area and sits on a 106 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Eastbourne Avenue, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
232, Eastbourne Avenue, Gateshead has 51 entries in the Land Registry database, most recently in September 2018 and a single entry in the EPC database dated September 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 232 Eastbourne Avenue Gateshead as £153,217 and the rental value as £941 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 232 Eastbourne Avenue Gateshead has increased by £4,225 (2.8%) and its rental value has increased by £89 per month (9.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 232, Eastbourne Avenue, Gateshead is in very good condition we estimate a sale value of £160,878 and rental value of £988 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £142,492 and a rental value of £875 per month.
If you were able to purchase this property for the estimated value of £153,217, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £753 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 232, Eastbourne Avenue, Gateshead sits on a plot of 106m2.
We have plot size data on 17 out of 23 other houses in the postcode and 232, Eastbourne Avenue, Gateshead sits on the 27th largest plot.
According to HM Land Registry, 232, Eastbourne Avenue, Gateshead was last sold on 14 Sep 2018 for £150,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Sep 2018, the market for similar properties has risen 19.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 232, Eastbourne Avenue, Gateshead within a radius of 360 metres over the last 2 years.
The most recent example is 262, Eastbourne Avenue, Gateshead, NE8 4NN, a Freehold house which sold for £160,000 in Oct 2022.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eastbourne Avenue, Gateshead, NE8 has a total of 262 addresses. According to our analysis of all the public data, 232, Eastbourne Avenue, Gateshead is the 35th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in NE8.
232, Eastbourne Avenue, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Sep 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 232, Eastbourne Avenue, Gateshead is Dunston station which is 2.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 232, Eastbourne Avenue, Gateshead, 50.5% of property is privately rented and 28.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 232, Eastbourne Avenue, Gateshead, 15.1% of residents are recorded as possessing school level qualifications and 40.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 232, Eastbourne Avenue, 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 232, Eastbourne Avenue, Gateshead, 0.4% 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 232, Eastbourne Avenue, 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.