39 Village Heights

    39, VILLAGE HEIGHTS, GATESHEAD, NE8 1PW

    This terraced freehold property on Village Heights last sold in February 2018 for £118,000. Based on price growth in the NE8 district since then, its estimated current value is £143,495 — placing it in the 11th percentile nationally and the 54th percentile within NE8. The property covers 58 m² (624 sq ft), giving an estimated value of £2,474 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £118,000

    Feb 2018

    Estimated Valuation

    £143,495

    Est. £/sq ft

    £230/sq ft

    £2,474/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateMay 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Feb 2018

    £118,000

    11 Jan 2012

    £112,000

    6 Oct 2000

    New build

    £43,250

    Key Metrics

    Estimated valuation£143,495
    Value per sq ft / m²£230/sq ft (£2,474/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile54th percentile
    National percentile11th 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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