235a Bensham Road

    235A, BENSHAM ROAD, GATESHEAD, NE8 1US

    This terraced leasehold property on Bensham Road last sold in March 2019 for £40,000. Based on price growth in the NE8 district since then, its estimated current value is £53,029 — placing it in the 0th percentile nationally and the 3rd percentile within NE8. The property covers 71 m² (764 sq ft), giving an estimated value of £747 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £40,000

    Mar 2019

    Estimated Valuation

    £53,029

    Est. £/sq ft

    £69/sq ft

    £747/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area764 sq ft (71 m²)
    EPC dateMar 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Mar 2019

    £40,000

    27 Feb 2004

    £65,000

    Key Metrics

    Estimated valuation£53,029
    Value per sq ft / m²£69/sq ft (£747/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile3rd 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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