3 King Street

    3, KING STREET, GATESHEAD, NE8 2YP

    This terraced freehold property on King Street last sold in July 2018 for £127,500. Based on price growth in the NE8 district since then, its estimated current value is £155,048 — placing it in the 14th percentile nationally and the 60th percentile within NE8. The property covers 63 m² (678 sq ft), giving an estimated value of £2,461 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    678 sq ft

    63 m²

    Last Sale Price

    £127,500

    Jul 2018

    Estimated Valuation

    £155,048

    Est. £/sq ft

    £229/sq ft

    £2,461/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area678 sq ft (63 m²)
    EPC dateNov 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Jul 2018

    £127,500

    27 Sept 2005

    £123,500

    27 Feb 2004

    New build

    £96,995

    Key Metrics

    Estimated valuation£155,048
    Value per sq ft / m²£229/sq ft (£2,461/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile60th percentile
    National percentile14th 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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