1 Parsons Courtyard

    1, PARSONS COURTYARD, GATESHEAD, NE8 2GR

    This semi-detached leasehold property on Parsons Courtyard last sold in March 2013 for £150,000. Based on price growth in the NE8 district since then, its estimated current value is £210,505 — placing it in the 27th percentile nationally and the 81st percentile within NE8. The property covers 89 m² (958 sq ft), giving an estimated value of £2,365 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £150,000

    Mar 2013

    Estimated Valuation

    £210,505

    Est. £/sq ft

    £220/sq ft

    £2,365/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area958 sq ft (89 m²)
    EPC dateJul 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Mar 2013

    New build

    £150,000

    Key Metrics

    Estimated valuation£210,505
    Value per sq ft / m²£220/sq ft (£2,365/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile81st 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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