8 Chester Place

    8, CHESTER PLACE, GATESHEAD, GATESHEAD, NE8 1QB

    This terraced freehold property on Chester Place last sold in May 2003 for £64,000. Based on price growth in the NE8 district since then, its estimated current value is £162,873 — placing it in the 15th percentile nationally and the 63rd percentile within NE8. The property covers 76 m² (818 sq ft), giving an estimated value of £2,143 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £64,000

    May 2003

    Estimated Valuation

    £162,873

    Est. £/sq ft

    £199/sq ft

    £2,143/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area818 sq ft (76 m²)
    EPC dateSept 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 May 2003

    £64,000

    31 Jul 2001

    £42,000

    Key Metrics

    Estimated valuation£162,873
    Value per sq ft / m²£199/sq ft (£2,143/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile63rd percentile
    National percentile15th 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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