11 Grasmere Street

    11, GRASMERE STREET, GATESHEAD, GATESHEAD, NE8 1TR

    This terraced freehold property on Grasmere Street last sold in November 1998 for £59,000. Based on price growth in the NE8 district since then, its estimated current value is £325,222 — placing it in the 54th percentile nationally and the 97th percentile within NE8. The property covers 190 m² (2,045 sq ft), giving an estimated value of £1,712 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,045 sq ft

    190 m²

    Last Sale Price

    £59,000

    Nov 1998

    Estimated Valuation

    £325,222

    Est. £/sq ft

    £159/sq ft

    £1,712/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 area2,045 sq ft (190 m²)
    EPC dateDec 2013
    WallsSandstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Nov 1998

    £59,000

    Key Metrics

    Estimated valuation£325,222
    Value per sq ft / m²£159/sq ft (£1,712/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile97th percentile
    National percentile54th 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

    More properties in NE8

    Streets in NE8

    Explore nearby