24 Abbeyfield Close

    24, ABBEYFIELD CLOSE, GATESHEAD, NE8 2PS

    This semi-detached freehold property on Abbeyfield Close last sold in April 2020 for £108,000. Based on price growth in the NE8 district since then, its estimated current value is £136,330 — placing it in the 10th percentile nationally and the 51st percentile within NE8. The property covers 58 m² (624 sq ft), giving an estimated value of £2,351 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £108,000

    Apr 2020

    Estimated Valuation

    £136,330

    Est. £/sq ft

    £218/sq ft

    £2,351/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateSept 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Apr 2020

    £108,000

    29 Jul 2005

    New build

    £99,995

    Key Metrics

    Estimated valuation£136,330
    Value per sq ft / m²£218/sq ft (£2,351/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile51st percentile
    National percentile10th 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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