5 Sherburn Way

    5, SHERBURN WAY, WARDLEY, GATESHEAD, NE10 8RG

    This terraced freehold property on Sherburn Way last sold in September 2016 for £124,000. Based on price growth in the NE10 district since then, its estimated current value is £164,580 — placing it in the 16th percentile nationally and the 62nd percentile within NE10. The property covers 70 m² (753 sq ft), giving an estimated value of £2,351 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £124,000

    Sept 2016

    Estimated Valuation

    £164,580

    Est. £/sq ft

    £218/sq ft

    £2,351/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area753 sq ft (70 m²)
    EPC dateMar 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Sept 2016

    £124,000

    22 Sept 2006

    £135,000

    11 May 2001

    £60,000

    Key Metrics

    Estimated valuation£164,580
    Value per sq ft / m²£218/sq ft (£2,351/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile62nd percentile
    National percentile16th 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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