15 October Courtyard Fall Pass

    15 OCTOBER COURTYARD, FALL PASS, GATESHEAD, NE8 2BQ

    This terraced leasehold property on Fall Pass last sold in September 2021 for £157,000. Based on price growth in the NE8 district since then, its estimated current value is £196,182 — placing it in the 23rd percentile nationally and the 76th percentile within NE8. The property covers 47 m² (506 sq ft), giving an estimated value of £4,174 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £157,000

    Sept 2021

    Estimated Valuation

    £196,182

    Est. £/sq ft

    £388/sq ft

    £4,174/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area506 sq ft (47 m²)
    EPC dateJun 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    24 Sept 2021

    £157,000

    14 May 2021

    £156,000

    3 Sept 2014

    £124,500

    16 Jul 2004

    New build

    £115,000

    Key Metrics

    Estimated valuation£196,182
    Value per sq ft / m²£388/sq ft (£4,174/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile76th percentile
    National percentile23rd 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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