12 Tranquil House Worsdell Drive

    12 TRANQUIL HOUSE, WORSDELL DRIVE, GATESHEAD, NE8 2EU

    This flat/maisonette leasehold property on Worsdell Drive last sold in September 2017 for £150,000. Based on price growth in the NE8 district since then, its estimated current value is £177,468 — placing it in the 19th percentile nationally and the 69th percentile within NE8. The property covers 38 m² (409 sq ft), giving an estimated value of £4,670 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    409 sq ft

    38 m²

    Last Sale Price

    £150,000

    Sept 2017

    Estimated Valuation

    £177,468

    Est. £/sq ft

    £434/sq ft

    £4,670/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area409 sq ft (38 m²)
    EPC dateNov 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    15 Sept 2017

    £150,000

    12 Nov 2009

    New build

    £160,000

    Key Metrics

    Estimated valuation£177,468
    Value per sq ft / m²£434/sq ft (£4,670/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile69th percentile
    National percentile19th 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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