7 The Armstrong Tynemouth Pass

    7 THE ARMSTRONG, TYNEMOUTH PASS, GATESHEAD, NE8 2GW

    This flat/maisonette leasehold property on Tynemouth Pass last sold in April 2013 for £82,995. Based on price growth in the NE8 district since then, its estimated current value is £106,901 — placing it in the 5th percentile nationally and the 36th percentile within NE8. The property covers 47 m² (506 sq ft), giving an estimated value of £2,274 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £82,995

    Apr 2013

    Estimated Valuation

    £106,901

    Est. £/sq ft

    £211/sq ft

    £2,274/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction age2011
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentC
    EPC potentialC
    Floor area506 sq ft (47 m²)
    EPC dateNov 2012
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingElectric storage heaters, radiators

    Transaction History

    26 Apr 2013

    New build

    £82,995

    Key Metrics

    Estimated valuation£106,901
    Value per sq ft / m²£211/sq ft (£2,274/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile36th percentile
    National percentile5th 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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