40 Portland Street

    40, PORTLAND STREET, GATESHEAD, NE10 0XX

    This terraced leasehold property on Portland Street last sold in March 2025 for £83,500. Based on price growth in the NE10 district since then, its estimated current value is £83,500 — placing it in the 2nd percentile nationally and the 14th percentile within NE10. The property covers 60 m² (646 sq ft), giving an estimated value of £1,392 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £83,500

    Mar 2025

    Estimated Valuation

    £83,500

    Est. £/sq ft

    £129/sq ft

    £1,392/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area646 sq ft (60 m²)
    EPC dateJul 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Mar 2025

    £83,500

    11 Sept 2020

    £66,000

    5 Apr 2007

    £81,000

    12 Mar 2004

    £59,950

    5 May 2000

    £23,000

    Key Metrics

    Estimated valuation£83,500
    Value per sq ft / m²£129/sq ft (£1,392/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile14th percentile
    National percentile2nd 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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