231 Sunderland Road

    231, SUNDERLAND ROAD, GATESHEAD, NE8 3ED

    This terraced leasehold property on Sunderland Road last sold in May 2014 for £174,950. Based on price growth in the NE8 district since then, its estimated current value is £224,950 — placing it in the 31st percentile nationally and the 85th percentile within NE8. The property covers 150 m² (1,615 sq ft), giving an estimated value of £1,500 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,615 sq ft

    150 m²

    Last Sale Price

    £174,950

    May 2014

    Estimated Valuation

    £224,950

    Est. £/sq ft

    £139/sq ft

    £1,500/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formSemi-Detached
    Construction age2012
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,615 sq ft (150 m²)
    EPC dateMay 2014
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 May 2014

    New build

    £174,950

    Key Metrics

    Estimated valuation£224,950
    Value per sq ft / m²£139/sq ft (£1,500/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile85th percentile
    National percentile31st 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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