1 August Courtyard Mid Summer Way

    1 AUGUST COURTYARD, MID SUMMER WAY, GATESHEAD, NE8 2DJ

    This flat/maisonette leasehold property on Mid Summer Way last sold in June 2011 for £129,000. Based on price growth in the NE8 district since then, its estimated current value is £183,882 — placing it in the 20th percentile nationally and the 72nd percentile within NE8. The property covers 75 m² (807 sq ft), giving an estimated value of £2,452 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £129,000

    Jun 2011

    Estimated Valuation

    £183,882

    Est. £/sq ft

    £228/sq ft

    £2,452/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area807 sq ft (75 m²)
    EPC dateOct 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Jun 2011

    £129,000

    15 Dec 2006

    £165,000

    Key Metrics

    Estimated valuation£183,882
    Value per sq ft / m²£228/sq ft (£2,452/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile72nd percentile
    National percentile20th 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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