12 Parson Courtyard

    12, PARSON COURTYARD, GATESHEAD, NE8 2GR

    This terraced leasehold property on Parson Courtyard last sold in August 2023 for £160,000. Based on price growth in the NE8 district since then, its estimated current value is £174,481 — placing it in the 18th percentile nationally and the 68th percentile within NE8. The property covers 62 m² (667 sq ft), giving an estimated value of £2,814 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £160,000

    Aug 2023

    Estimated Valuation

    £174,481

    Est. £/sq ft

    £261/sq ft

    £2,814/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateApr 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Aug 2023

    £160,000

    29 Jul 2017

    £135,000

    Key Metrics

    Estimated valuation£174,481
    Value per sq ft / m²£261/sq ft (£2,814/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile68th 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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