24 The Stephenson North Side

    24 THE STEPHENSON, NORTH SIDE, GATESHEAD, NE8 2BF

    This flat/maisonette leasehold property on North Side last sold in April 2022 for £130,000. Based on price growth in the NE8 district since then, its estimated current value is £128,213 — placing it in the 8th percentile nationally and the 46th percentile within NE8. The property covers 55 m² (592 sq ft), giving an estimated value of £2,331 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £130,000

    Apr 2022

    Estimated Valuation

    £128,213

    Est. £/sq ft

    £217/sq ft

    £2,331/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area592 sq ft (55 m²)
    EPC dateMay 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    25 Apr 2022

    £130,000

    27 Jul 2018

    £120,000

    27 Jun 2005

    New build

    £134,000

    Key Metrics

    Estimated valuation£128,213
    Value per sq ft / m²£217/sq ft (£2,331/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

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