5 Village Heights

    5, VILLAGE HEIGHTS, GATESHEAD, NE8 1PW

    This flat/maisonette leasehold property on Village Heights last sold in May 2015 for £93,000. Based on price growth in the NE8 district since then, its estimated current value is £116,720 — placing it in the 6th percentile nationally and the 41st percentile within NE8. The property covers 98 m² (1,055 sq ft), giving an estimated value of £1,191 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,055 sq ft

    98 m²

    Last Sale Price

    £93,000

    May 2015

    Estimated Valuation

    £116,720

    Est. £/sq ft

    £111/sq ft

    £1,191/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,055 sq ft (98 m²)
    EPC dateOct 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 May 2015

    £93,000

    1 Jun 2009

    £84,500

    10 Oct 2003

    £72,950

    Key Metrics

    Estimated valuation£116,720
    Value per sq ft / m²£111/sq ft (£1,191/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile41st percentile
    National percentile6th 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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