8 Meredith Gardens

    8, MEREDITH GARDENS, GATESHEAD, NE8 3EB

    This terraced freehold property on Meredith Gardens last sold in June 2022 for £131,000. Based on price growth in the NE8 district since then, its estimated current value is £155,577 — placing it in the 14th percentile nationally and the 60th percentile within NE8. The property covers 92 m² (990 sq ft), giving an estimated value of £1,691 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £131,000

    Jun 2022

    Estimated Valuation

    £155,577

    Est. £/sq ft

    £157/sq ft

    £1,691/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area990 sq ft (92 m²)
    EPC dateJun 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Jun 2022

    £131,000

    Key Metrics

    Estimated valuation£155,577
    Value per sq ft / m²£157/sq ft (£1,691/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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