21 Grasmere Street

    21, GRASMERE STREET, GATESHEAD, NE8 1TR

    This terraced freehold property on Grasmere Street last sold in November 2000 for £49,000. Based on price growth in the NE8 district since then, its estimated current value is £232,103 — placing it in the 33rd percentile nationally and the 87th percentile within NE8. The property covers 137 m² (1,475 sq ft), giving an estimated value of £1,694 per m². The EPC rating is F, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,475 sq ft

    137 m²

    Last Sale Price

    £49,000

    Nov 2000

    Estimated Valuation

    £232,103

    Est. £/sq ft

    £157/sq ft

    £1,694/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialC
    Floor area1,475 sq ft (137 m²)
    EPC dateAug 2014
    WallsSandstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Nov 2000

    £49,000

    Key Metrics

    Estimated valuation£232,103
    Value per sq ft / m²£157/sq ft (£1,694/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile87th percentile
    National percentile33rd 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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