7 Iona Road

    7, IONA ROAD, GATESHEAD, NE10 9TA

    This flat/maisonette leasehold property on Iona Road last sold in November 2023 for £85,000. Based on price growth in the NE10 district since then, its estimated current value is £85,792 — placing it in the 2nd percentile nationally and the 15th percentile within NE10. The property covers 65 m² (700 sq ft), giving an estimated value of £1,320 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £85,000

    Nov 2023

    Estimated Valuation

    £85,792

    Est. £/sq ft

    £123/sq ft

    £1,320/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialD
    Floor area700 sq ft (65 m²)
    EPC dateMar 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Nov 2023

    £85,000

    11 Dec 2014

    £58,000

    Key Metrics

    Estimated valuation£85,792
    Value per sq ft / m²£123/sq ft (£1,320/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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