2 The Mill Bensham Road

    2 THE MILL, BENSHAM ROAD, GATESHEAD, NE8 1UR

    This terraced freehold property on Bensham Road last sold in August 2010 for £155,000. Based on price growth in the NE8 district since then, its estimated current value is £232,502 — placing it in the 33rd percentile nationally and the 87th percentile within NE8. The property covers 114 m² (1,227 sq ft), giving an estimated value of £2,039 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,227 sq ft

    114 m²

    Last Sale Price

    £155,000

    Aug 2010

    Estimated Valuation

    £232,502

    Est. £/sq ft

    £189/sq ft

    £2,039/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,227 sq ft (114 m²)
    EPC dateOct 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Aug 2010

    £155,000

    Key Metrics

    Estimated valuation£232,502
    Value per sq ft / m²£189/sq ft (£2,039/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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