16 Village Heights

    16, VILLAGE HEIGHTS, GATESHEAD, NE8 1PW

    This terraced freehold property on Village Heights last sold in December 2016 for £137,500. Based on price growth in the NE8 district since then, its estimated current value is £177,322 — placing it in the 19th percentile nationally and the 69th percentile within NE8. The property covers 69 m² (743 sq ft), giving an estimated value of £2,570 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £137,500

    Dec 2016

    Estimated Valuation

    £177,322

    Est. £/sq ft

    £239/sq ft

    £2,570/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageI
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area743 sq ft (69 m²)
    EPC dateSept 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Dec 2016

    £137,500

    22 Nov 1999

    New build

    £35,000

    Key Metrics

    Estimated valuation£177,322
    Value per sq ft / m²£239/sq ft (£2,570/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile69th percentile
    National percentile19th 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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