23 Village Heights

    23, VILLAGE HEIGHTS, GATESHEAD, NE8 1PW

    This terraced freehold property on Village Heights last sold in April 2011 for £136,220. Based on price growth in the NE8 district since then, its estimated current value is £218,749 — placing it in the 29th percentile nationally and the 84th percentile within NE8. The property covers 64 m² (689 sq ft), giving an estimated value of £3,418 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £136,220

    Apr 2011

    Estimated Valuation

    £218,749

    Est. £/sq ft

    £318/sq ft

    £3,418/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area689 sq ft (64 m²)
    EPC dateNov 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Apr 2011

    £136,220

    29 Feb 2008

    £164,950

    16 Jun 2000

    New build

    £59,950

    Key Metrics

    Estimated valuation£218,749
    Value per sq ft / m²£318/sq ft (£3,418/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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