40 Colombo Square

    40, COLOMBO SQUARE, GATESHEAD, NE8 2DF

    This flat/maisonette leasehold property on Colombo Square last sold in December 2019 for £135,000. Based on price growth in the NE8 district since then, its estimated current value is £157,687 — placing it in the 14th percentile nationally and the 61st percentile within NE8.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    Last Sale Price

    £135,000

    Dec 2019

    Estimated Valuation

    £157,687

    Est. £/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot available
    Construction ageNot available
    Habitable roomsNot available
    Main fuelNot available
    EPC currentNot available
    EPC potentialNot available
    Floor areaNot available
    EPC dateNot available
    WallsNot available
    HeatingNot available

    Transaction History

    16 Dec 2019

    £135,000

    31 May 2013

    £133,500

    12 Oct 2007

    New build

    £171,700

    Key Metrics

    Estimated valuation£157,687
    Value per sq ft / m²Not available
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile61st percentile
    National percentile14th 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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