23 Tranquil House Worsdell Drive

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

    This flat/maisonette leasehold property on Worsdell Drive last sold in February 2021 for £145,000. Based on price growth in the NE8 district since then, its estimated current value is £164,071 — placing it in the 16th percentile nationally and the 64th percentile within NE8. The property covers 54 m² (581 sq ft), giving an estimated value of £3,038 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £145,000

    Feb 2021

    Estimated Valuation

    £164,071

    Est. £/sq ft

    £282/sq ft

    £3,038/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area581 sq ft (54 m²)
    EPC dateDec 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    12 Feb 2021

    £145,000

    21 Sept 2017

    £134,000

    2 Oct 2015

    £130,500

    24 May 2013

    £117,500

    10 Oct 2008

    New build

    £135,000

    Key Metrics

    Estimated valuation£164,071
    Value per sq ft / m²£282/sq ft (£3,038/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile64th percentile
    National percentile16th 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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