16 Pacha Way

    16, PACHA WAY, GATESHEAD, NE8 2GN

    This terraced leasehold property on Pacha Way last sold in February 2015 for £163,000. Based on price growth in the NE8 district since then, its estimated current value is £201,383 — placing it in the 25th percentile nationally and the 78th percentile within NE8. The property covers 77 m² (829 sq ft), giving an estimated value of £2,615 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £163,000

    Feb 2015

    Estimated Valuation

    £201,383

    Est. £/sq ft

    £243/sq ft

    £2,615/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2013
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentC
    EPC potentialB
    Floor area829 sq ft (77 m²)
    EPC dateAug 2014
    WallsAverage thermal transmittance 0.32 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Feb 2015

    New build

    £163,000

    Key Metrics

    Estimated valuation£201,383
    Value per sq ft / m²£243/sq ft (£2,615/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile78th percentile
    National percentile25th 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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