3 Grassbanks

    3, GRASSBANKS, GATESHEAD, NE10 8DU

    This terraced freehold property on Grassbanks last sold in August 2024 for £123,000. Based on price growth in the NE10 district since then, its estimated current value is £133,339 — placing it in the 9th percentile nationally and the 43rd percentile within NE10. The property covers 66 m² (710 sq ft), giving an estimated value of £2,020 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £123,000

    Aug 2024

    Estimated Valuation

    £133,339

    Est. £/sq ft

    £188/sq ft

    £2,020/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area710 sq ft (66 m²)
    EPC dateFeb 2024
    WallsSystem built, with external insulation
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Aug 2024

    £123,000

    28 Mar 2013

    £73,500

    Key Metrics

    Estimated valuation£133,339
    Value per sq ft / m²£188/sq ft (£2,020/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile43rd percentile
    National percentile9th 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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