1 Ely Street

    1, ELY STREET, GATESHEAD, GATESHEAD, NE8 1NR

    This terraced freehold property on Ely Street last sold in September 1998 for £41,500. Based on price growth in the NE8 district since then, its estimated current value is £228,758 — placing it in the 32nd percentile nationally and the 86th percentile within NE8. The property covers 158 m² (1,701 sq ft), giving an estimated value of £1,448 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,701 sq ft

    158 m²

    Last Sale Price

    £41,500

    Sept 1998

    Estimated Valuation

    £228,758

    Est. £/sq ft

    £135/sq ft

    £1,448/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,701 sq ft (158 m²)
    EPC dateJun 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Sept 1998

    £41,500

    Key Metrics

    Estimated valuation£228,758
    Value per sq ft / m²£135/sq ft (£1,448/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile86th percentile
    National percentile32nd 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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