31 Overhill Terrace

    31, OVERHILL TERRACE, GATESHEAD, NE8 1TD

    This flat/maisonette leasehold property on Overhill Terrace last sold in November 2013 for £65,000. Based on price growth in the NE8 district since then, its estimated current value is £83,722 — placing it in the 2nd percentile nationally and the 20th percentile within NE8. The property covers 67 m² (721 sq ft), giving an estimated value of £1,250 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    721 sq ft

    67 m²

    Last Sale Price

    £65,000

    Nov 2013

    Estimated Valuation

    £83,722

    Est. £/sq ft

    £116/sq ft

    £1,250/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area721 sq ft (67 m²)
    EPC dateJul 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Nov 2013

    £65,000

    Key Metrics

    Estimated valuation£83,722
    Value per sq ft / m²£116/sq ft (£1,250/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile20th percentile
    National percentile2nd 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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