Upcoming Auctions Auction House North East 2022-05-31 Lot TBC of 25

106 Northbourne Street, Gateshead, Tyne and Wear - NE8 4AH

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Guide Price: £35,000 - £45,000

Beds: 2
Type: Flat
Tenure: Leasehold

Property Details

Auction House North East describes this property as:

Two Bedroom First Floor Flat In Popular Buy To Let Area. The lot will be of great interest to the buy to let landlord. First floor flat comprises: Lounge, Dining room, kitchen and bathroom with two bedrooms. Close to local amenities and bus route to Gateshead and Newcastle.

Auction Details

Auctioneer:
Auction House North East
Auction date:
- 31 May 2022
Venue:

For viewings, biddings or more information:

Go to the Auction House North East Website

Local Market Data

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The following data is based on a Leasehold 2 bedroom Flat. This data is derived and aggregated from public sources and to be used as a guide not an authority. Please let us know if you spot any anomalies.

Average sold price:

£80,050

Average asking price:

£88,480

Average price per sq/ft:

£122
Date Price Address Distance (miles)
03 Dec 2021 £70,000 28, Chandos Street, NE8 4AB 0.08
08 Nov 2021 £96,000 223, Eastbourne Avenue, NE8 4NL 0.32
24 Sep 2021 £90,250 183, Eastbourne Avenue, NE8 4NL 0.33
10 Sep 2021 £80,000 3, Betjeman Mews, NE8 3BF 0.30
31 Aug 2021 £90,000 6, Betjeman Mews, NE8 3BF 0.30
20 Aug 2021 £95,000 14, Silverdale Terrace, NE8 4JL 0.19
06 Aug 2021 £89,000 5, Betjeman Mews, NE8 3BF 0.30
09 Jul 2021 £90,000 169, Westbourne Avenue, NE8 4NR 0.37
25 Jun 2021 £90,000 40, Silverdale Terrace, NE8 4JL 0.20
23 Jun 2021 £93,000 9, Betjeman Mews, NE8 3BF 0.30
25 May 2021 £68,650 211, Eastbourne Avenue, NE8 4NL 0.33
17 May 2021 £83,000 125a, Durham Road, NE8 4AQ 0.14
29 Apr 2021 £65,000 48, Northbourne Street, NE8 4AH 0.02
21 Apr 2021 £74,500 275, Westbourne Avenue, NE8 4NS 0.36
25 Mar 2021 £70,000 368, Old Durham Road, NE8 4BQ 0.07
23 Feb 2021 £84,000 190, Brinkburn Avenue, NE8 4JX 0.31
19 Feb 2021 £70,000 45, Rodsley Avenue, NE8 4JY 0.27
15 Feb 2021 £68,000 143, Brinkburn Avenue, NE8 4JX 0.29
18 Dec 2020 £66,000 121, Inskip Terrace, NE8 4AJ 0.06
20 Nov 2020 £53,000 85, Rodsley Avenue, NE8 4LA 0.26

The following data is based on a Leasehold 2 bedroom Flat. This data is derived and aggregated from public sources and to be used as a guide not an authority. Please let us know if you spot any anomalies.

Average weekly rental: £127

Average yield: 7.5%

Weekly Rent Bedrooms Property Type distance (miles)
£120 2 flat 0.02
£173 2 flat 0.14
£156 2 flat 0.23
£114 2 flat 0.23
£133 2 flat 0.34
£185 2 flat 0.42
£127 2 flat 0.43
£127 2 flat 0.44
£137 2 flat 0.48
£127 2 flat 0.51
£138 2 flat 0.55
£104 2 flat 0.61
£100 2 flat 0.63
£110 2 flat 0.64
£120 2 flat 0.66
£150 2 flat 0.67
£127 2 flat 0.69
£92 2 flat 0.69
£114 2 flat 0.71
£138 2 flat 0.73