9 Seasons Courtyard Michaelmas Street

    9 SEASONS COURTYARD, MICHAELMAS STREET, GATESHEAD, NE8 2GP

    This terraced leasehold property on Michaelmas Street last sold in May 2015 for £139,500. Based on price growth in the NE8 district since then, its estimated current value is £172,349 — placing it in the 18th percentile nationally and the 67th percentile within NE8. The property covers 62 m² (667 sq ft), giving an estimated value of £2,780 per m². The EPC rating is C, with a potential rating of A.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £139,500

    May 2015

    Estimated Valuation

    £172,349

    Est. £/sq ft

    £258/sq ft

    £2,780/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialA
    Floor area667 sq ft (62 m²)
    EPC dateJul 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 May 2015

    £139,500

    28 Mar 2014

    New build

    £135,000

    Key Metrics

    Estimated valuation£172,349
    Value per sq ft / m²£258/sq ft (£2,780/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile67th 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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