50 Hillfield Street

    50, HILLFIELD STREET, GATESHEAD, NE8 1QE

    This flat/maisonette leasehold property on Hillfield Street last sold in February 2012 for £41,500. Based on price growth in the NE8 district since then, its estimated current value is £52,800 — placing it in the 0th percentile nationally and the 3rd percentile within NE8. The property covers 55 m² (592 sq ft), giving an estimated value of £960 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £41,500

    Feb 2012

    Estimated Valuation

    £52,800

    Est. £/sq ft

    £89/sq ft

    £960/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialD
    Floor area592 sq ft (55 m²)
    EPC dateSept 2021
    WallsTimber frame, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Feb 2012

    £41,500

    26 Apr 2007

    £47,000

    Key Metrics

    Estimated valuation£52,800
    Value per sq ft / m²£89/sq ft (£960/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile3rd percentile
    National percentile0th 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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