5 Claremont Place

    5, CLAREMONT PLACE, GATESHEAD, NE8 1TL

    This terraced freehold property on Claremont Place last sold in December 2000 for £55,000. Based on price growth in the NE8 district since then, its estimated current value is £260,523 — placing it in the 40th percentile nationally and the 92nd percentile within NE8. The property covers 212 m² (2,282 sq ft), giving an estimated value of £1,229 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,282 sq ft

    212 m²

    Last Sale Price

    £55,000

    Dec 2000

    Estimated Valuation

    £260,523

    Est. £/sq ft

    £114/sq ft

    £1,229/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area2,282 sq ft (212 m²)
    EPC dateSept 2024
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas, Boiler and radiators, mains gas

    Transaction History

    20 Dec 2000

    £55,000

    Key Metrics

    Estimated valuation£260,523
    Value per sq ft / m²£114/sq ft (£1,229/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile92nd percentile
    National percentile40th 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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