48 Willbrook House Worsdell Drive

    48 WILLBROOK HOUSE, WORSDELL DRIVE, GATESHEAD, NE8 2AF

    This flat/maisonette leasehold property on Worsdell Drive last sold in February 2023 for £130,000. Based on price growth in the NE8 district since then, its estimated current value is £135,373 — placing it in the 10th percentile nationally and the 50th percentile within NE8. The property covers 64 m² (689 sq ft), giving an estimated value of £2,115 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £130,000

    Feb 2023

    Estimated Valuation

    £135,373

    Est. £/sq ft

    £196/sq ft

    £2,115/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area689 sq ft (64 m²)
    EPC dateSept 2019
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    3 Feb 2023

    £130,000

    14 Jul 2005

    New build

    £141,950

    Key Metrics

    Estimated valuation£135,373
    Value per sq ft / m²£196/sq ft (£2,115/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile50th percentile
    National percentile10th 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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