3 Pacha Way

    3, PACHA WAY, GATESHEAD, NE8 2GN

    This terraced freehold property on Pacha Way last sold in September 2024 for £197,500. Based on price growth in the NE8 district since then, its estimated current value is £218,269 — placing it in the 29th percentile nationally and the 84th percentile within NE8. The property covers 77 m² (829 sq ft), giving an estimated value of £2,835 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £197,500

    Sept 2024

    Estimated Valuation

    £218,269

    Est. £/sq ft

    £263/sq ft

    £2,835/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialA
    Floor area829 sq ft (77 m²)
    EPC dateAug 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Sept 2024

    £197,500

    26 Sept 2014

    New build

    £167,995

    Key Metrics

    Estimated valuation£218,269
    Value per sq ft / m²£263/sq ft (£2,835/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile84th percentile
    National percentile29th 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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