1 Heritage Close

    1, HERITAGE CLOSE, GATESHEAD, NE8 2PT

    This semi-detached freehold property on Heritage Close last sold in February 2019 for £120,000. Based on price growth in the NE8 district since then, its estimated current value is £152,454 — placing it in the 13th percentile nationally and the 59th percentile within NE8. The property covers 77 m² (829 sq ft), giving an estimated value of £1,980 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £120,000

    Feb 2019

    Estimated Valuation

    £152,454

    Est. £/sq ft

    £184/sq ft

    £1,980/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area829 sq ft (77 m²)
    EPC dateSept 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Feb 2019

    £120,000

    31 Jan 2013

    £107,500

    1 Dec 2006

    £134,000

    17 Sept 2004

    £114,000

    2 Jul 2004

    New build

    £98,995

    Key Metrics

    Estimated valuation£152,454
    Value per sq ft / m²£184/sq ft (£1,980/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile59th percentile
    National percentile13th 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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