8 Prestmede

    8, PRESTMEDE, GATESHEAD, NE10 9UQ

    This semi-detached freehold property on Prestmede last sold in March 2020 for £115,000. Based on price growth in the NE10 district since then, its estimated current value is £139,204 — placing it in the 10th percentile nationally and the 47th percentile within NE10. The property covers 89 m² (958 sq ft), giving an estimated value of £1,564 per m². The EPC rating is E, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £115,000

    Mar 2020

    Estimated Valuation

    £139,204

    Est. £/sq ft

    £145/sq ft

    £1,564/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area958 sq ft (89 m²)
    EPC dateOct 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Mar 2020

    £115,000

    21 Jul 2016

    £106,000

    24 Oct 2008

    £124,999

    Key Metrics

    Estimated valuation£139,204
    Value per sq ft / m²£145/sq ft (£1,564/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile47th percentile
    National percentile10th 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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