24 Tranquil House Worsdell Drive

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

    This flat/maisonette leasehold property on Worsdell Drive last sold in August 2021 for £100,000. Based on price growth in the NE8 district since then, its estimated current value is £113,152 — placing it in the 6th percentile nationally and the 39th percentile within NE8. The property covers 43 m² (463 sq ft), giving an estimated value of £2,631 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    463 sq ft

    43 m²

    Last Sale Price

    £100,000

    Aug 2021

    Estimated Valuation

    £113,152

    Est. £/sq ft

    £244/sq ft

    £2,631/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area463 sq ft (43 m²)
    EPC dateFeb 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    6 Aug 2021

    £100,000

    27 Mar 2009

    New build

    £87,500

    Key Metrics

    Estimated valuation£113,152
    Value per sq ft / m²£244/sq ft (£2,631/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile39th percentile
    National percentile6th 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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