62 Village Heights

    62, VILLAGE HEIGHTS, GATESHEAD, NE8 1PW

    This semi-detached leasehold property on Village Heights last sold in December 2006 for £73,750. Based on price growth in the NE8 district since then, its estimated current value is £99,417 — placing it in the 4th percentile nationally and the 31st percentile within NE8. The property covers 46 m² (495 sq ft), giving an estimated value of £2,161 per m². The EPC rating is C, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    495 sq ft

    46 m²

    Last Sale Price

    £73,750

    Dec 2006

    Estimated Valuation

    £99,417

    Est. £/sq ft

    £201/sq ft

    £2,161/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area495 sq ft (46 m²)
    EPC dateOct 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Dec 2006

    £73,750

    Key Metrics

    Estimated valuation£99,417
    Value per sq ft / m²£201/sq ft (£2,161/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile31st percentile
    National percentile4th 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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