31 Windmill Way

    31, WINDMILL WAY, GATESHEAD, NE8 1PJ

    This terraced freehold property on Windmill Way last sold in December 2022 for £205,000. Based on price growth in the NE8 district since then, its estimated current value is £243,461 — placing it in the 36th percentile nationally and the 89th percentile within NE8. The property covers 107 m² (1,152 sq ft), giving an estimated value of £2,275 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,152 sq ft

    107 m²

    Last Sale Price

    £205,000

    Dec 2022

    Estimated Valuation

    £243,461

    Est. £/sq ft

    £211/sq ft

    £2,275/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,152 sq ft (107 m²)
    EPC dateSept 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Dec 2022

    £205,000

    5 Mar 2018

    £175,000

    5 Feb 2010

    £168,950

    31 Oct 2002

    New build

    £84,950

    Key Metrics

    Estimated valuation£243,461
    Value per sq ft / m²£211/sq ft (£2,275/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile89th percentile
    National percentile36th 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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