124 Bensham Road

    124, BENSHAM ROAD, GATESHEAD, GATESHEAD, NE8 1PX

    This terraced freehold property on Bensham Road last sold in August 2004 for £149,950. Based on price growth in the NE8 district since then, its estimated current value is £265,865 — placing it in the 41st percentile nationally and the 93rd percentile within NE8. The property covers 82 m² (883 sq ft), giving an estimated value of £3,242 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    883 sq ft

    82 m²

    Last Sale Price

    £149,950

    Aug 2004

    Estimated Valuation

    £265,865

    Est. £/sq ft

    £301/sq ft

    £3,242/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area883 sq ft (82 m²)
    EPC dateAug 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Aug 2004

    £149,950

    3 Aug 2001

    New build

    £60,000

    Key Metrics

    Estimated valuation£265,865
    Value per sq ft / m²£301/sq ft (£3,242/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile93rd percentile
    National percentile41st 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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