2 Fairfield Terrace

    2, FAIRFIELD TERRACE, GATESHEAD, GATESHEAD, NE10 0QR

    This flat/maisonette freehold property on Fairfield Terrace last sold in June 2008 for £140,000. Based on price growth in the NE10 district since then, its estimated current value is £138,791 — placing it in the 10th percentile nationally and the 47th percentile within NE10. The property covers 111 m² (1,195 sq ft), giving an estimated value of £1,250 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    1,195 sq ft

    111 m²

    Last Sale Price

    £140,000

    Jun 2008

    Estimated Valuation

    £138,791

    Est. £/sq ft

    £116/sq ft

    £1,250/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,195 sq ft (111 m²)
    EPC dateAug 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Jun 2008

    £140,000

    8 Sept 2000

    £25,000

    Key Metrics

    Estimated valuation£138,791
    Value per sq ft / m²£116/sq ft (£1,250/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile47th percentile
    National percentile10th percentile

    District Context — NE10

    NE10 covers the Chester-le-Street area in south-east Durham, positioned between Sunderland and Gateshead. It is a largely working-class community with a strong social housing presence and steady, affordable residential demand.

    Average Property Price - NE10

    £158,785

    4

    National percentile

    Average Net Household Income - NE10

    £31,483

    12

    National percentile

    10-Year Annualised Price Growth - NE10

    3.4%

    42

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE10

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