16 Windmill Way

    16, WINDMILL WAY, GATESHEAD, GATESHEAD, NE8 1PJ

    This terraced leasehold property on Windmill Way last sold in November 2007 for £79,000. Based on price growth in the NE8 district since then, its estimated current value is £110,709 — placing it in the 5th percentile nationally and the 38th percentile within NE8. The property covers 81 m² (872 sq ft), giving an estimated value of £1,367 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    872 sq ft

    81 m²

    Last Sale Price

    £79,000

    Nov 2007

    Estimated Valuation

    £110,709

    Est. £/sq ft

    £127/sq ft

    £1,367/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 area872 sq ft (81 m²)
    EPC dateNov 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Nov 2007

    £79,000

    13 May 2005

    £68,950

    Key Metrics

    Estimated valuation£110,709
    Value per sq ft / m²£127/sq ft (£1,367/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile38th percentile
    National percentile5th 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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