7 October Courtyard Fall Pass

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

    This flat/maisonette leasehold property on Fall Pass last sold in January 2012 for £96,000. Based on price growth in the NE8 district since then, its estimated current value is £122,141 — placing it in the 7th percentile nationally and the 43rd percentile within NE8. The property covers 68 m² (732 sq ft), giving an estimated value of £1,796 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £96,000

    Jan 2012

    Estimated Valuation

    £122,141

    Est. £/sq ft

    £167/sq ft

    £1,796/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area732 sq ft (68 m²)
    EPC dateMay 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Jan 2012

    £96,000

    22 Sept 2006

    £103,000

    6 Aug 2004

    New build

    £77,000

    Key Metrics

    Estimated valuation£122,141
    Value per sq ft / m²£167/sq ft (£1,796/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile43rd percentile
    National percentile7th 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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