53 Iona Road

    53, IONA ROAD, GATESHEAD, NE10 9TA

    This flat/maisonette leasehold property on Iona Road last sold in July 2021 for £79,000. Based on price growth in the NE10 district since then, its estimated current value is £86,233 — placing it in the 2nd percentile nationally and the 15th percentile within NE10. The property covers 52 m² (560 sq ft), giving an estimated value of £1,658 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £79,000

    Jul 2021

    Estimated Valuation

    £86,233

    Est. £/sq ft

    £154/sq ft

    £1,658/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area560 sq ft (52 m²)
    EPC dateNov 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jul 2021

    £79,000

    16 Dec 2016

    £73,000

    8 Mar 2002

    £23,500

    27 Mar 1997

    £23,500

    Key Metrics

    Estimated valuation£86,233
    Value per sq ft / m²£154/sq ft (£1,658/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile15th 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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