111 Sanderson Villas

    111, SANDERSON VILLAS, GATESHEAD, NE8 3BU

    This flat/maisonette leasehold property on Sanderson Villas last sold in August 2022 for £115,000. Based on price growth in the NE8 district since then, its estimated current value is £113,419 — placing it in the 6th percentile nationally and the 39th percentile within NE8. The property covers 42 m² (452 sq ft), giving an estimated value of £2,700 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    452 sq ft

    42 m²

    Last Sale Price

    £115,000

    Aug 2022

    Estimated Valuation

    £113,419

    Est. £/sq ft

    £251/sq ft

    £2,700/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area452 sq ft (42 m²)
    EPC dateNov 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Aug 2022

    £115,000

    24 May 2006

    New build

    £108,950

    Key Metrics

    Estimated valuation£113,419
    Value per sq ft / m²£251/sq ft (£2,700/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile39th percentile
    National percentile6th 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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