55 Windmill Way

    55, WINDMILL WAY, GATESHEAD, NE8 1PJ

    This semi-detached freehold property on Windmill Way last sold in April 2014 for £167,500. Based on price growth in the NE8 district since then, its estimated current value is £218,745 — placing it in the 29th percentile nationally and the 84th percentile within NE8. The property covers 111 m² (1,195 sq ft), giving an estimated value of £1,971 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,195 sq ft

    111 m²

    Last Sale Price

    £167,500

    Apr 2014

    Estimated Valuation

    £218,745

    Est. £/sq ft

    £183/sq ft

    £1,971/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,195 sq ft (111 m²)
    EPC dateJan 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Apr 2014

    £167,500

    29 Jun 2007

    £157,000

    1 Oct 2003

    New build

    £129,950

    Key Metrics

    Estimated valuation£218,745
    Value per sq ft / m²£183/sq ft (£1,971/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile84th percentile
    National percentile29th 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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