12 Windmill Way

    12, WINDMILL WAY, GATESHEAD, NE8 1PJ

    This terraced leasehold property on Windmill Way last sold in June 2017 for £67,500. Based on price growth in the NE8 district since then, its estimated current value is £84,061 — placing it in the 2nd percentile nationally and the 20th percentile within NE8. The property covers 80 m² (861 sq ft), giving an estimated value of £1,051 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £67,500

    Jun 2017

    Estimated Valuation

    £84,061

    Est. £/sq ft

    £98/sq ft

    £1,051/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area861 sq ft (80 m²)
    EPC dateAug 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Jun 2017

    £67,500

    8 Feb 2013

    £62,500

    Key Metrics

    Estimated valuation£84,061
    Value per sq ft / m²£98/sq ft (£1,051/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile20th percentile
    National percentile2nd 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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