2 Tranquil House Worsdell Drive

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

    This flat/maisonette leasehold property on Worsdell Drive last sold in January 2019 for £125,000. Based on price growth in the NE8 district since then, its estimated current value is £146,007 — placing it in the 12th percentile nationally and the 55th percentile within NE8. The property covers 46 m² (495 sq ft), giving an estimated value of £3,174 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    495 sq ft

    46 m²

    Last Sale Price

    £125,000

    Jan 2019

    Estimated Valuation

    £146,007

    Est. £/sq ft

    £295/sq ft

    £3,174/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area495 sq ft (46 m²)
    EPC dateNov 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    2 Jan 2019

    £125,000

    23 Jan 2009

    New build

    £125,000

    Key Metrics

    Estimated valuation£146,007
    Value per sq ft / m²£295/sq ft (£3,174/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile55th percentile
    National percentile12th 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

    More properties in NE8

    Streets in NE8

    Explore nearby