28 Overhill Terrace

    28, OVERHILL TERRACE, GATESHEAD, NE8 1TD

    This terraced freehold property on Overhill Terrace last sold in May 2015 for £50,000. Based on price growth in the NE8 district since then, its estimated current value is £61,774 — placing it in the 0th percentile nationally and the 7th percentile within NE8. The property covers 68 m² (732 sq ft), giving an estimated value of £908 per m². The EPC rating is E, with a potential rating of D.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £50,000

    May 2015

    Estimated Valuation

    £61,774

    Est. £/sq ft

    £84/sq ft

    £908/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area732 sq ft (68 m²)
    EPC dateAug 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 May 2015

    £50,000

    Key Metrics

    Estimated valuation£61,774
    Value per sq ft / m²£84/sq ft (£908/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile7th 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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