8 October Courtyard Fall Pass

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

    This flat/maisonette leasehold property on Fall Pass last sold in November 2008 for £122,500. Based on price growth in the NE8 district since then, its estimated current value is £148,865 — placing it in the 12th percentile nationally and the 57th percentile within NE8. The property covers 55 m² (592 sq ft), giving an estimated value of £2,707 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £122,500

    Nov 2008

    Estimated Valuation

    £148,865

    Est. £/sq ft

    £251/sq ft

    £2,707/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateOct 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    8 Nov 2008

    £122,500

    10 Jun 2005

    £124,000

    18 Aug 2004

    New build

    £96,000

    Key Metrics

    Estimated valuation£148,865
    Value per sq ft / m²£251/sq ft (£2,707/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile57th percentile
    National percentile12th 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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