124 Rectory Road

    124, RECTORY ROAD, GATESHEAD, GATESHEAD, NE8 1XL

    This terraced freehold property on Rectory Road last sold in November 2002 for £36,000. Based on price growth in the NE8 district since then, its estimated current value is £128,233 — placing it in the 8th percentile nationally and the 46th percentile within NE8. The property covers 176 m² (1,894 sq ft), giving an estimated value of £729 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,894 sq ft

    176 m²

    Last Sale Price

    £36,000

    Nov 2002

    Estimated Valuation

    £128,233

    Est. £/sq ft

    £68/sq ft

    £729/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,894 sq ft (176 m²)
    EPC dateMar 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Nov 2002

    £36,000

    Key Metrics

    Estimated valuation£128,233
    Value per sq ft / m²£68/sq ft (£729/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile46th percentile
    National percentile8th 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

    More properties in NE8

    Streets in NE8

    Explore nearby