231 Sanderson Villas

    231, SANDERSON VILLAS, GATESHEAD, NE8 3DE

    This flat/maisonette leasehold property on Sanderson Villas last sold in June 2017 for £92,000. Based on price growth in the NE8 district since then, its estimated current value is £108,847 — placing it in the 5th percentile nationally and the 37th percentile within NE8. The property covers 52 m² (560 sq ft), giving an estimated value of £2,093 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £92,000

    Jun 2017

    Estimated Valuation

    £108,847

    Est. £/sq ft

    £194/sq ft

    £2,093/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction age2017
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentC
    EPC potentialC
    Floor area560 sq ft (52 m²)
    EPC dateJan 2017
    WallsAverage thermal transmittance 0.28 W/m
    HeatingElectric storage heaters

    Transaction History

    30 Jun 2017

    New build

    £92,000

    Key Metrics

    Estimated valuation£108,847
    Value per sq ft / m²£194/sq ft (£2,093/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile37th percentile
    National percentile5th 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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