54 Grasmere Street West

    54, GRASMERE STREET WEST, GATESHEAD, GATESHEAD, NE8 1TS

    This terraced freehold property on Grasmere Street West last sold in July 2002 for £58,000. Based on price growth in the NE8 district since then, its estimated current value is £206,598 — placing it in the 26th percentile nationally and the 80th percentile within NE8. The property covers 125 m² (1,346 sq ft), giving an estimated value of £1,653 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,346 sq ft

    125 m²

    Last Sale Price

    £58,000

    Jul 2002

    Estimated Valuation

    £206,598

    Est. £/sq ft

    £154/sq ft

    £1,653/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,346 sq ft (125 m²)
    EPC dateMay 2025
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Jul 2002

    £58,000

    Key Metrics

    Estimated valuation£206,598
    Value per sq ft / m²£154/sq ft (£1,653/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile80th percentile
    National percentile26th 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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