8 The Stephenson North Side

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

    This flat/maisonette leasehold property on North Side last sold in August 2023 for £137,000. Based on price growth in the NE8 district since then, its estimated current value is £142,663 — placing it in the 11th percentile nationally and the 54th percentile within NE8. The property covers 60 m² (646 sq ft), giving an estimated value of £2,378 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £137,000

    Aug 2023

    Estimated Valuation

    £142,663

    Est. £/sq ft

    £221/sq ft

    £2,378/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 area646 sq ft (60 m²)
    EPC dateJan 2021
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    9 Aug 2023

    £137,000

    24 Jul 2017

    £132,000

    20 Sept 2013

    £112,000

    13 Jan 2006

    £120,000

    24 Jun 2005

    New build

    £120,000

    Key Metrics

    Estimated valuation£142,663
    Value per sq ft / m²£221/sq ft (£2,378/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile54th percentile
    National percentile11th 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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