12 Grassbanks

    12, GRASSBANKS, GATESHEAD, NE10 8DU

    This semi-detached freehold property on Grassbanks last sold in September 2016 for £129,000. Based on price growth in the NE10 district since then, its estimated current value is £174,180 — placing it in the 18th percentile nationally and the 67th percentile within NE10. The property covers 99 m² (1,066 sq ft), giving an estimated value of £1,759 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,066 sq ft

    99 m²

    Last Sale Price

    £129,000

    Sept 2016

    Estimated Valuation

    £174,180

    Est. £/sq ft

    £163/sq ft

    £1,759/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,066 sq ft (99 m²)
    EPC dateFeb 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Sept 2016

    £129,000

    15 Nov 2007

    £97,000

    Key Metrics

    Estimated valuation£174,180
    Value per sq ft / m²£163/sq ft (£1,759/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile67th percentile
    National percentile18th 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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