323 Sanderson Villas

    323, SANDERSON VILLAS, GATESHEAD, NE8 3DE

    This flat/maisonette leasehold property on Sanderson Villas last sold in March 2024 for £60,000. Based on price growth in the NE8 district since then, its estimated current value is £62,904 — placing it in the 0th percentile nationally and the 7th percentile within NE8. The property covers 56 m² (603 sq ft), giving an estimated value of £1,123 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £60,000

    Mar 2024

    Estimated Valuation

    £62,904

    Est. £/sq ft

    £104/sq ft

    £1,123/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2022
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentD
    EPC potentialD
    Floor area603 sq ft (56 m²)
    EPC dateDec 2022
    WallsAverage thermal transmittance 0.29 W/m
    HeatingElectric storage heaters

    Transaction History

    22 Mar 2024

    £60,000

    19 Nov 2021

    £87,500

    22 Aug 2006

    New build

    £120,950

    Key Metrics

    Estimated valuation£62,904
    Value per sq ft / m²£104/sq ft (£1,123/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile7th percentile
    National percentile0th 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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