24 Ropery Road

    24, ROPERY ROAD, GATESHEAD, NE8 2HP

    This terraced leasehold property on Ropery Road last sold in December 2015 for £139,995. Based on price growth in the NE8 district since then, its estimated current value is £172,961 — placing it in the 18th percentile nationally and the 68th percentile within NE8. The property covers 69 m² (743 sq ft), giving an estimated value of £2,507 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £139,995

    Dec 2015

    Estimated Valuation

    £172,961

    Est. £/sq ft

    £233/sq ft

    £2,507/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area743 sq ft (69 m²)
    EPC dateSept 2015
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Dec 2015

    New build

    £139,995

    Key Metrics

    Estimated valuation£172,961
    Value per sq ft / m²£233/sq ft (£2,507/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile68th percentile
    National percentile18th 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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