31 South Hill Road

    31, SOUTH HILL ROAD, GATESHEAD, NE8 2XZ

    This detached freehold property on South Hill Road last sold in August 2021 for £265,000. Based on price growth in the NE8 district since then, its estimated current value is £351,522 — placing it in the 59th percentile nationally and the 98th percentile within NE8. The property covers 116 m² (1,249 sq ft), giving an estimated value of £3,030 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,249 sq ft

    116 m²

    Last Sale Price

    £265,000

    Aug 2021

    Estimated Valuation

    £351,522

    Est. £/sq ft

    £281/sq ft

    £3,030/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,249 sq ft (116 m²)
    EPC dateNov 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Aug 2021

    £265,000

    20 Aug 2015

    £215,000

    29 Aug 2002

    £115,000

    Key Metrics

    Estimated valuation£351,522
    Value per sq ft / m²£281/sq ft (£3,030/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile98th percentile
    National percentile59th 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

    More properties in NE8

    Streets in NE8

    Explore nearby