96 - 98 Rectory Road

    96 - 98, RECTORY ROAD, GATESHEAD, NE8 1XL

    This terraced freehold property on Rectory Road last sold in May 2017 for £220,000. Based on price growth in the NE8 district since then, its estimated current value is £273,978 — placing it in the 43rd percentile nationally and the 94th percentile within NE8. The property covers 223 m² (2,400 sq ft), giving an estimated value of £1,229 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,400 sq ft

    223 m²

    Last Sale Price

    £220,000

    May 2017

    Estimated Valuation

    £273,978

    Est. £/sq ft

    £114/sq ft

    £1,229/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area2,400 sq ft (223 m²)
    EPC dateMar 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 May 2017

    £220,000

    4 Jan 2011

    £80,000

    Key Metrics

    Estimated valuation£273,978
    Value per sq ft / m²£114/sq ft (£1,229/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile94th percentile
    National percentile43rd 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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