According to the public record, 62, The Avenue, Gateshead is a early-century freehold house with 979 ft2 of internal area and sits on a 251 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
The Avenue, Sheriff Hill, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
62, The Avenue, Gateshead has a single entry in the Land Registry database from February 2014 and a single entry in the EPC database dated February 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 62 The Avenue Gateshead as £140,646 and the rental value as £888 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 62 The Avenue Gateshead has increased by £5,133 (3.6%) and its rental value has increased by £96 per month (10.8%).
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 62, The Avenue, Gateshead is in very good condition we estimate a sale value of £147,678 and rental value of £933 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £130,801 and a rental value of £826 per month.
If you were able to purchase this property for the estimated value of £140,646, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £691 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, 62, The Avenue, Gateshead sits on a plot of 251m2.
We have plot size data on 11 out of 34 other houses in the postcode and 62, The Avenue, Gateshead sits on the 9th largest plot.
According to HM Land Registry, 62, The Avenue, Gateshead was last sold on 07 Feb 2014 for £95,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2014, the market for similar properties has risen 31.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, The Avenue, Gateshead within a radius of 490 metres over the last 2 years.
The most recent example is 68, The Avenue, Gateshead, NE9 5PP, a Freehold house which sold for £145,000 in Jan 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Avenue, Sheriff Hill, Gateshead, NE9 has a total of 69 addresses. According to our analysis of all the public data, 62, The Avenue, Gateshead is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £16k less expensive than the average property in NE9.
62, The Avenue, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Feb 2016.
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 62, The Avenue, Gateshead is Heworth station which is 2.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 62, The Avenue, Gateshead, 59.7% of property is socially rented and 17.2% is privately owned outright.
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 62, The Avenue, Gateshead, 32.0% of residents are recorded as possessing school level qualifications and 14.4% 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 62, The Avenue, Gateshead, the average age was 37.2 and the most common age was 7.
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 62, The Avenue, Gateshead, 0.0% 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 62, The Avenue, Gateshead, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.