16 Grasmere Street

    16, GRASMERE STREET, GATESHEAD, GATESHEAD, NE8 1TR

    This terraced freehold property on Grasmere Street last sold in June 2004 for £60,000. Based on price growth in the NE8 district since then, its estimated current value is £106,382 — placing it in the 5th percentile nationally and the 35th percentile within NE8. The property covers 127 m² (1,367 sq ft), giving an estimated value of £838 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,367 sq ft

    127 m²

    Last Sale Price

    £60,000

    Jun 2004

    Estimated Valuation

    £106,382

    Est. £/sq ft

    £78/sq ft

    £838/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,367 sq ft (127 m²)
    EPC dateOct 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Jun 2004

    £60,000

    12 Nov 1996

    £40,000

    Key Metrics

    Estimated valuation£106,382
    Value per sq ft / m²£78/sq ft (£838/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile35th percentile
    National percentile5th 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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