16 Rectory Place

    16, RECTORY PLACE, GATESHEAD, GATESHEAD, NE8 1XN

    This terraced leasehold property on Rectory Place last sold in March 2008 for £71,500. Based on price growth in the NE8 district since then, its estimated current value is £98,807 — placing it in the 4th percentile nationally and the 31st percentile within NE8. The property covers 82 m² (883 sq ft), giving an estimated value of £1,205 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    883 sq ft

    82 m²

    Last Sale Price

    £71,500

    Mar 2008

    Estimated Valuation

    £98,807

    Est. £/sq ft

    £112/sq ft

    £1,205/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area883 sq ft (82 m²)
    EPC dateJul 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Mar 2008

    £71,500

    Key Metrics

    Estimated valuation£98,807
    Value per sq ft / m²£112/sq ft (£1,205/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile31st percentile
    National percentile4th 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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