48 The Grainger North West Side

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

    This flat/maisonette leasehold property on North West Side last sold in May 2018 for £139,000. Based on price growth in the NE8 district since then, its estimated current value is £150,662 — placing it in the 13th percentile nationally and the 58th percentile within NE8. The property covers 62 m² (667 sq ft), giving an estimated value of £2,430 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £139,000

    May 2018

    Estimated Valuation

    £150,662

    Est. £/sq ft

    £226/sq ft

    £2,430/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 area667 sq ft (62 m²)
    EPC dateNov 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    18 May 2018

    £139,000

    9 Sept 2005

    New build

    £158,000

    Key Metrics

    Estimated valuation£150,662
    Value per sq ft / m²£226/sq ft (£2,430/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile58th percentile
    National percentile13th 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

    More properties in NE8

    Streets in NE8

    Explore nearby