42 Sanderson Villas

    42, SANDERSON VILLAS, GATESHEAD, NE8 3DD

    This flat/maisonette leasehold property on Sanderson Villas last sold in January 2018 for £85,000. Based on price growth in the NE8 district since then, its estimated current value is £92,131 — placing it in the 3rd percentile nationally and the 26th percentile within NE8. The property covers 57 m² (614 sq ft), giving an estimated value of £1,616 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £85,000

    Jan 2018

    Estimated Valuation

    £92,131

    Est. £/sq ft

    £150/sq ft

    £1,616/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area614 sq ft (57 m²)
    EPC dateNov 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jan 2018

    £85,000

    21 Oct 2011

    New build

    £99,950

    Key Metrics

    Estimated valuation£92,131
    Value per sq ft / m²£150/sq ft (£1,616/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile26th percentile
    National percentile3rd 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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