3 Parson Courtyard

    3, PARSON COURTYARD, GATESHEAD, NE8 2GR

    This terraced leasehold property on Parson Courtyard last sold in August 2018 for £197,500. Based on price growth in the NE8 district since then, its estimated current value is £240,172 — placing it in the 35th percentile nationally and the 89th percentile within NE8. The property covers 130 m² (1,399 sq ft), giving an estimated value of £1,847 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,399 sq ft

    130 m²

    Last Sale Price

    £197,500

    Aug 2018

    Estimated Valuation

    £240,172

    Est. £/sq ft

    £172/sq ft

    £1,847/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,399 sq ft (130 m²)
    EPC dateFeb 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Aug 2018

    £197,500

    17 May 2013

    New build

    £168,300

    Key Metrics

    Estimated valuation£240,172
    Value per sq ft / m²£172/sq ft (£1,847/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile89th percentile
    National percentile35th 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

    More properties in NE8

    Streets in NE8

    Explore nearby