1 Abbeyfield Close

    1, ABBEYFIELD CLOSE, GATESHEAD, NE8 2PS

    This semi-detached leasehold property on Abbeyfield Close last sold in July 2024 for £160,000. Based on price growth in the NE8 district since then, its estimated current value is £167,563 — placing it in the 16th percentile nationally and the 65th percentile within NE8. The property covers 84 m² (904 sq ft), giving an estimated value of £1,995 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    904 sq ft

    84 m²

    Last Sale Price

    £160,000

    Jul 2024

    Estimated Valuation

    £167,563

    Est. £/sq ft

    £185/sq ft

    £1,995/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area904 sq ft (84 m²)
    EPC dateDec 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Jul 2024

    £160,000

    13 Oct 2017

    £119,500

    Key Metrics

    Estimated valuation£167,563
    Value per sq ft / m²£185/sq ft (£1,995/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile65th percentile
    National percentile16th 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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