38 The Grainger North West Side

    38 THE GRAINGER, NORTH WEST SIDE, GATESHEAD, NE8 2BG

    This flat/maisonette leasehold property on North West Side last sold in October 2021 for £120,000. Based on price growth in the NE8 district since then, its estimated current value is £135,783 — placing it in the 10th percentile nationally and the 51st percentile within NE8. The property covers 51 m² (549 sq ft), giving an estimated value of £2,662 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £120,000

    Oct 2021

    Estimated Valuation

    £135,783

    Est. £/sq ft

    £247/sq ft

    £2,662/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area549 sq ft (51 m²)
    EPC dateJul 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    21 Oct 2021

    £120,000

    4 Oct 2005

    £125,000

    30 Sept 2005

    New build

    £110,000

    Key Metrics

    Estimated valuation£135,783
    Value per sq ft / m²£247/sq ft (£2,662/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile51st 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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