12 Chestnut Gardens

    12, CHESTNUT GARDENS, GATESHEAD, NE8 2TJ

    This semi-detached freehold property on Chestnut Gardens last sold in October 2014 for £60,500. Based on price growth in the NE8 district since then, its estimated current value is £79,009 — placing it in the 2nd percentile nationally and the 17th percentile within NE8. The property covers 58 m² (624 sq ft), giving an estimated value of £1,362 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

    £60,500

    Oct 2014

    Estimated Valuation

    £79,009

    Est. £/sq ft

    £127/sq ft

    £1,362/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateMay 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Oct 2014

    £60,500

    26 Feb 2007

    £82,950

    2 Feb 2007

    £96,000

    17 Jan 2003

    £46,000

    Key Metrics

    Estimated valuation£79,009
    Value per sq ft / m²£127/sq ft (£1,362/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile17th percentile
    National percentile2nd 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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