71 The Armstrong Tynemouth Pass

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

    This flat/maisonette leasehold property on Tynemouth Pass last sold in September 2017 for £130,000. Based on price growth in the NE8 district since then, its estimated current value is £153,806 — placing it in the 13th percentile nationally and the 59th percentile within NE8. The property covers 60 m² (646 sq ft), giving an estimated value of £2,563 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £130,000

    Sept 2017

    Estimated Valuation

    £153,806

    Est. £/sq ft

    £238/sq ft

    £2,563/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction age2012
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentD
    EPC potentialD
    Floor area646 sq ft (60 m²)
    EPC dateNov 2012
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    29 Sept 2017

    £130,000

    7 Dec 2012

    New build

    £114,300

    Key Metrics

    Estimated valuation£153,806
    Value per sq ft / m²£238/sq ft (£2,563/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile59th percentile
    National percentile13th 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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