16 Heritage Close

    16, HERITAGE CLOSE, GATESHEAD, NE8 2PT

    This detached freehold property on Heritage Close last sold in January 2019 for £154,000. Based on price growth in the NE8 district since then, its estimated current value is £210,206 — placing it in the 27th percentile nationally and the 81st percentile within NE8. The property covers 77 m² (829 sq ft), giving an estimated value of £2,730 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £154,000

    Jan 2019

    Estimated Valuation

    £210,206

    Est. £/sq ft

    £254/sq ft

    £2,730/m²

    Property Details

    TypeDetached
    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

    25 Jan 2019

    £154,000

    30 Sept 2011

    £125,000

    26 Aug 2004

    New build

    £117,995

    Key Metrics

    Estimated valuation£210,206
    Value per sq ft / m²£254/sq ft (£2,730/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile81st percentile
    National percentile27th 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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