56 Ropery Road

    56, ROPERY ROAD, GATESHEAD, NE8 2HP

    This detached freehold property on Ropery Road last sold in September 2016 for £245,195. Based on price growth in the NE8 district since then, its estimated current value is £350,627 — placing it in the 59th percentile nationally and the 98th percentile within NE8. The property covers 103 m² (1,109 sq ft), giving an estimated value of £3,404 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,109 sq ft

    103 m²

    Last Sale Price

    £245,195

    Sept 2016

    Estimated Valuation

    £350,627

    Est. £/sq ft

    £316/sq ft

    £3,404/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialA
    Floor area1,109 sq ft (103 m²)
    EPC dateMay 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Sept 2016

    New build

    £245,195

    Key Metrics

    Estimated valuation£350,627
    Value per sq ft / m²£316/sq ft (£3,404/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile98th percentile
    National percentile59th 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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