41 Windmill Way

    41, WINDMILL WAY, GATESHEAD, NE8 1PJ

    This flat/maisonette leasehold property on Windmill Way last sold in March 2016 for £105,000. Based on price growth in the NE8 district since then, its estimated current value is £115,929 — placing it in the 6th percentile nationally and the 40th percentile within NE8. The property covers 66 m² (710 sq ft), giving an estimated value of £1,757 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £105,000

    Mar 2016

    Estimated Valuation

    £115,929

    Est. £/sq ft

    £163/sq ft

    £1,757/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area710 sq ft (66 m²)
    EPC dateMar 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2016

    £105,000

    4 Jul 2003

    New build

    £89,950

    Key Metrics

    Estimated valuation£115,929
    Value per sq ft / m²£163/sq ft (£1,757/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile40th percentile
    National percentile6th 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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