122 Derwentwater Road

    122, DERWENTWATER ROAD, GATESHEAD, NE8 2HA

    This terraced freehold property on Derwentwater Road last sold in March 2023 for £162,000. Based on price growth in the NE8 district since then, its estimated current value is £176,662 — placing it in the 19th percentile nationally and the 69th percentile within NE8. The property covers 69 m² (743 sq ft), giving an estimated value of £2,560 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £162,000

    Mar 2023

    Estimated Valuation

    £176,662

    Est. £/sq ft

    £238/sq ft

    £2,560/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area743 sq ft (69 m²)
    EPC dateMay 2016
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Mar 2023

    £162,000

    29 Jun 2016

    New build

    £143,700

    Key Metrics

    Estimated valuation£176,662
    Value per sq ft / m²£238/sq ft (£2,560/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile69th percentile
    National percentile19th 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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