71 Windmill Way

    71, WINDMILL WAY, GATESHEAD, GATESHEAD, NE8 1NU

    This flat/maisonette leasehold property on Windmill Way last sold in March 2002 for £49,500. Based on price growth in the NE8 district since then, its estimated current value is £161,203 — placing it in the 15th percentile nationally and the 63rd percentile within NE8. The property covers 49 m² (527 sq ft), giving an estimated value of £3,290 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    527 sq ft

    49 m²

    Last Sale Price

    £49,500

    Mar 2002

    Estimated Valuation

    £161,203

    Est. £/sq ft

    £306/sq ft

    £3,290/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area527 sq ft (49 m²)
    EPC dateOct 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Mar 2002

    New build

    £49,500

    Key Metrics

    Estimated valuation£161,203
    Value per sq ft / m²£306/sq ft (£3,290/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile63rd percentile
    National percentile15th 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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