Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
49 EASTBOURNE AVENUE is a midsized extended detached house of 112m², built sometime before 1900. It was last sold for £70,000 in July 2006, which was around 67% below the average July 2006 detached price in the Gateshead local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 49 EASTBOURNE AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four 49 EASTBOURNE AVENUE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2006 31 JUL | £70,000 | £213,145 | 67% below HPI |
2005 8 JUL | £55,000 | £200,893 | 73% below HPI |
1998 24 JUL | £30,000 | £77,928 | 62% below HPI |
1997 20 JUN | £20,000 | £74,668 | 73% below HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The four 49 EASTBOURNE AVENUE sales between June 1997 and July 2006 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2005 sale was for 73% below the HPI. So the extrapolation line tracks at 73% below the HPI over time, until the July 2006 sale, where it rises to 67% below the HPI. The line then continues to track at 67% below the HPI.
49 EASTBOURNE AVENUE is 112m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 50% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 49 EASTBOURNE AVENUE lies on this distribution: 59% of detached houses are smaller than 49 EASTBOURNE AVENUE, and 40% of houses are larger. Note that EPC data is not available for all properties in Gateshead.
49 EASTBOURNE AVENUE sits on a plot of roughly 0.031 of an acre, or 126m². The below map shows the location of 49 EASTBOURNE AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 49 EASTBOURNE AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
49 EASTBOURNE AVENUE is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 49 on EASTBOURNE AVENUE.