15 May Courtyard Sunny Side South

    15 MAY COURTYARD, SUNNY SIDE SOUTH, GATESHEAD, NE8 2GE

    This terraced leasehold property on Sunny Side South last sold in October 2018 for £181,500. Based on price growth in the NE8 district since then, its estimated current value is £220,715 — placing it in the 30th percentile nationally and the 84th percentile within NE8. The property covers 61 m² (657 sq ft), giving an estimated value of £3,618 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £181,500

    Oct 2018

    Estimated Valuation

    £220,715

    Est. £/sq ft

    £336/sq ft

    £3,618/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area657 sq ft (61 m²)
    EPC dateJan 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Oct 2018

    £181,500

    29 Jun 2012

    £160,000

    27 Jun 2008

    New build

    £180,500

    Key Metrics

    Estimated valuation£220,715
    Value per sq ft / m²£336/sq ft (£3,618/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile84th percentile
    National percentile30th 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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