5 Overhill Terrace

    5, OVERHILL TERRACE, GATESHEAD, NE8 1TD

    This flat/maisonette leasehold property on Overhill Terrace last sold in April 2016 for £58,500. Based on price growth in the NE8 district since then, its estimated current value is £64,589 — placing it in the 1st percentile nationally and the 8th percentile within NE8. The property covers 68 m² (732 sq ft), giving an estimated value of £950 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £58,500

    Apr 2016

    Estimated Valuation

    £64,589

    Est. £/sq ft

    £88/sq ft

    £950/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area732 sq ft (68 m²)
    EPC dateSept 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Apr 2016

    £58,500

    Key Metrics

    Estimated valuation£64,589
    Value per sq ft / m²£88/sq ft (£950/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile8th percentile
    National percentile1st 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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