1 Hazel Road

    1, HAZEL ROAD, GATESHEAD, GATESHEAD, NE8 2EP

    This detached freehold property on Hazel Road last sold in August 2002 for £82,950. Based on price growth in the NE8 district since then, its estimated current value is £242,038 — placing it in the 35th percentile nationally and the 89th percentile within NE8. The property covers 91 m² (980 sq ft), giving an estimated value of £2,660 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £82,950

    Aug 2002

    Estimated Valuation

    £242,038

    Est. £/sq ft

    £247/sq ft

    £2,660/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area980 sq ft (91 m²)
    EPC dateSept 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Aug 2002

    New build

    £82,950

    Key Metrics

    Estimated valuation£242,038
    Value per sq ft / m²£247/sq ft (£2,660/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile89th percentile
    National percentile35th 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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