6a Grasmere Street West

    6A, GRASMERE STREET WEST, GATESHEAD, NE8 1TS

    This terraced leasehold property on Grasmere Street West last sold in January 1999 for £14,000. Based on price growth in the NE8 district since then, its estimated current value is £71,711 — placing it in the 1st percentile nationally and the 12th percentile within NE8. The property covers 145 m² (1,561 sq ft), giving an estimated value of £495 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,561 sq ft

    145 m²

    Last Sale Price

    £14,000

    Jan 1999

    Estimated Valuation

    £71,711

    Est. £/sq ft

    £46/sq ft

    £495/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,561 sq ft (145 m²)
    EPC dateAug 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Jan 1999

    £14,000

    Key Metrics

    Estimated valuation£71,711
    Value per sq ft / m²£46/sq ft (£495/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile12th percentile
    National percentile1st 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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