1 Ropery Road

    1, ROPERY ROAD, GATESHEAD, NE8 2HP

    This terraced leasehold property on Ropery Road last sold in September 2021 for £200,000. Based on price growth in the NE8 district since then, its estimated current value is £249,914 — placing it in the 37th percentile nationally and the 91st percentile within NE8. The property covers 83 m² (893 sq ft), giving an estimated value of £3,011 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £200,000

    Sept 2021

    Estimated Valuation

    £249,914

    Est. £/sq ft

    £280/sq ft

    £3,011/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area893 sq ft (83 m²)
    EPC dateMay 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Sept 2021

    £200,000

    24 Mar 2017

    New build

    £207,000

    Key Metrics

    Estimated valuation£249,914
    Value per sq ft / m²£280/sq ft (£3,011/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile91st percentile
    National percentile37th 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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