18 Tranquil House Worsdell Drive

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

    This flat/maisonette leasehold property on Worsdell Drive last sold in July 2019 for £151,000. Based on price growth in the NE8 district since then, its estimated current value is £176,376 — placing it in the 18th percentile nationally and the 69th percentile within NE8. The property covers 58 m² (624 sq ft), giving an estimated value of £3,041 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £151,000

    Jul 2019

    Estimated Valuation

    £176,376

    Est. £/sq ft

    £283/sq ft

    £3,041/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area624 sq ft (58 m²)
    EPC dateApr 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    5 Jul 2019

    £151,000

    3 Oct 2013

    £124,950

    19 Jun 2009

    New build

    £170,000

    Key Metrics

    Estimated valuation£176,376
    Value per sq ft / m²£283/sq ft (£3,041/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile69th percentile
    National percentile18th 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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