16 Peterborough Close

    16, PETERBOROUGH CLOSE, GATESHEAD, NE8 1NL

    This terraced freehold property on Peterborough Close last sold in March 2019 for £95,000. Based on price growth in the NE8 district since then, its estimated current value is £125,944 — placing it in the 8th percentile nationally and the 45th percentile within NE8. The property covers 84 m² (904 sq ft), giving an estimated value of £1,499 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    904 sq ft

    84 m²

    Last Sale Price

    £95,000

    Mar 2019

    Estimated Valuation

    £125,944

    Est. £/sq ft

    £139/sq ft

    £1,499/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area904 sq ft (84 m²)
    EPC dateDec 2018
    WallsTimber frame, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    1 Mar 2019

    £95,000

    Key Metrics

    Estimated valuation£125,944
    Value per sq ft / m²£139/sq ft (£1,499/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile45th percentile
    National percentile8th percentile

    District Context — NE8

    NE8 covers Gateshead and surrounding areas in Tyne and Wear, situated south of the River Tyne in the North East. It is a primarily working-class and lower-middle-income area with a significant rental market and strong community character.

    Average Property Price - NE8

    £157,635

    4

    National percentile

    Average Net Household Income - NE8

    £31,485

    12

    National percentile

    10-Year Annualised Price Growth - NE8

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE8

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