5 Denmark Street

    5, DENMARK STREET, GATESHEAD, NE8 1NQ

    This terraced freehold property on Denmark Street last sold in February 2019 for £150,000. Based on price growth in the NE8 district since then, its estimated current value is £198,860 — placing it in the 24th percentile nationally and the 77th percentile within NE8. The property covers 36 m² (388 sq ft), giving an estimated value of £5,524 per m². The EPC rating is E, with a potential rating of D.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    388 sq ft

    36 m²

    Last Sale Price

    £150,000

    Feb 2019

    Estimated Valuation

    £198,860

    Est. £/sq ft

    £513/sq ft

    £5,524/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialD
    Floor area388 sq ft (36 m²)
    EPC dateJun 2018
    WallsTimber frame, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    28 Feb 2019

    £150,000

    Key Metrics

    Estimated valuation£198,860
    Value per sq ft / m²£513/sq ft (£5,524/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile77th percentile
    National percentile24th 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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