2 Pacha Way

    2, PACHA WAY, GATESHEAD, NE8 2GN

    This terraced leasehold property on Pacha Way last sold in September 2023 for £191,000. Based on price growth in the NE8 district since then, its estimated current value is £208,287 — placing it in the 27th percentile nationally and the 80th percentile within NE8. The property covers 70 m² (753 sq ft), giving an estimated value of £2,976 per m². The EPC rating is C, with a potential rating of A.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £191,000

    Sept 2023

    Estimated Valuation

    £208,287

    Est. £/sq ft

    £276/sq ft

    £2,976/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction age2013
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentC
    EPC potentialA
    Floor area753 sq ft (70 m²)
    EPC dateAug 2014
    WallsAverage thermal transmittance 0.32 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Sept 2023

    £191,000

    Key Metrics

    Estimated valuation£208,287
    Value per sq ft / m²£276/sq ft (£2,976/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile80th percentile
    National percentile27th 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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