17 May Courtyard Sunny Side South

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

    This terraced leasehold property on Sunny Side South last sold in January 2020 for £145,000. Based on price growth in the NE8 district since then, its estimated current value is £175,332 — placing it in the 18th percentile nationally and the 69th percentile within NE8. The property covers 61 m² (657 sq ft), giving an estimated value of £2,874 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

    £145,000

    Jan 2020

    Estimated Valuation

    £175,332

    Est. £/sq ft

    £267/sq ft

    £2,874/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

    31 Jan 2020

    £145,000

    25 Jun 2008

    £127,560

    Key Metrics

    Estimated valuation£175,332
    Value per sq ft / m²£267/sq ft (£2,874/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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