50 Windmill Way

    50, WINDMILL WAY, GATESHEAD, NE8 1PJ

    This terraced freehold property on Windmill Way last sold in March 2012 for £160,000. Based on price growth in the NE8 district since then, its estimated current value is £228,072 — placing it in the 32nd percentile nationally and the 86th percentile within NE8. The property covers 50 m² (538 sq ft), giving an estimated value of £4,561 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £160,000

    Mar 2012

    Estimated Valuation

    £228,072

    Est. £/sq ft

    £424/sq ft

    £4,561/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area538 sq ft (50 m²)
    EPC dateJun 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Mar 2012

    £160,000

    26 Aug 2003

    New build

    £122,950

    Key Metrics

    Estimated valuation£228,072
    Value per sq ft / m²£424/sq ft (£4,561/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile86th percentile
    National percentile32nd 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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