8 Grasmere Avenue

    8, GRASMERE AVENUE, GATESHEAD, NE10 0XN

    This semi-detached freehold property on Grasmere Avenue last sold in March 2016 for £211,000. Based on price growth in the NE10 district since then, its estimated current value is £284,899 — placing it in the 46th percentile nationally and the 93rd percentile within NE10. The property covers 125 m² (1,346 sq ft), giving an estimated value of £2,279 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,346 sq ft

    125 m²

    Last Sale Price

    £211,000

    Mar 2016

    Estimated Valuation

    £284,899

    Est. £/sq ft

    £212/sq ft

    £2,279/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,346 sq ft (125 m²)
    EPC dateJan 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Mar 2016

    £211,000

    14 May 2004

    £135,000

    Key Metrics

    Estimated valuation£284,899
    Value per sq ft / m²£212/sq ft (£2,279/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile93rd percentile
    National percentile46th 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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