27 - 29 Grasmere Street West

    27 - 29, GRASMERE STREET WEST, GATESHEAD, NE8 1TS

    This flat/maisonette freehold property on Grasmere Street West last sold in December 2006 for £40,000. Based on price growth in the NE8 district since then, its estimated current value is £48,778 — placing it in the 0th percentile nationally and the 2nd percentile within NE8. The property covers 209 m² (2,250 sq ft), giving an estimated value of £233 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    2,250 sq ft

    209 m²

    Last Sale Price

    £40,000

    Dec 2006

    Estimated Valuation

    £48,778

    Est. £/sq ft

    £22/sq ft

    £233/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area2,250 sq ft (209 m²)
    EPC dateFeb 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Dec 2006

    £40,000

    Key Metrics

    Estimated valuation£48,778
    Value per sq ft / m²£22/sq ft (£233/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile2nd percentile
    National percentile0th 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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