24 Village Heights

    24, VILLAGE HEIGHTS, GATESHEAD, NE8 1PW

    This terraced freehold property on Village Heights last sold in December 1999 for £35,000. Based on price growth in the NE8 district since then, its estimated current value is £179,277 — placing it in the 19th percentile nationally and the 70th percentile within NE8. The property covers 68 m² (732 sq ft), giving an estimated value of £2,636 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £35,000

    Dec 1999

    Estimated Valuation

    £179,277

    Est. £/sq ft

    £245/sq ft

    £2,636/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area732 sq ft (68 m²)
    EPC dateMar 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Dec 1999

    New build

    £35,000

    Key Metrics

    Estimated valuation£179,277
    Value per sq ft / m²£245/sq ft (£2,636/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile70th 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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