229 Sunderland Road

    229, SUNDERLAND ROAD, GATESHEAD, NE8 3ED

    This terraced leasehold property on Sunderland Road last sold in January 2024 for £200,000. Based on price growth in the NE8 district since then, its estimated current value is £221,032 — placing it in the 30th percentile nationally and the 84th percentile within NE8. The property covers 141 m² (1,518 sq ft), giving an estimated value of £1,568 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,518 sq ft

    141 m²

    Last Sale Price

    £200,000

    Jan 2024

    Estimated Valuation

    £221,032

    Est. £/sq ft

    £146/sq ft

    £1,568/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,518 sq ft (141 m²)
    EPC dateJun 2014
    WallsAverage thermal transmittance 0.29 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Jan 2024

    £200,000

    6 Jun 2014

    New build

    £178,950

    Key Metrics

    Estimated valuation£221,032
    Value per sq ft / m²£146/sq ft (£1,568/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile84th percentile
    National percentile30th 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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