54 Ropery Road

    54, ROPERY ROAD, GATESHEAD, NE8 2HP

    This detached leasehold property on Ropery Road last sold in May 2018 for £196,000. Based on price growth in the NE8 district since then, its estimated current value is £245,254 — placing it in the 36th percentile nationally and the 90th percentile within NE8. The property covers 87 m² (936 sq ft), giving an estimated value of £2,819 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    936 sq ft

    87 m²

    Last Sale Price

    £196,000

    May 2018

    Estimated Valuation

    £245,254

    Est. £/sq ft

    £262/sq ft

    £2,819/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area936 sq ft (87 m²)
    EPC dateJun 2016
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 May 2018

    £196,000

    30 Jun 2016

    New build

    £189,995

    Key Metrics

    Estimated valuation£245,254
    Value per sq ft / m²£262/sq ft (£2,819/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile90th percentile
    National percentile36th 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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