240 Sunderland Road

    240, SUNDERLAND ROAD, GATESHEAD, NE8 3ED

    This terraced freehold property on Sunderland Road last sold in November 2015 for £164,950. Based on price growth in the NE8 district since then, its estimated current value is £203,792 — placing it in the 25th percentile nationally and the 79th percentile within NE8. The property covers 124 m² (1,335 sq ft), giving an estimated value of £1,643 per m². The EPC rating is B, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,335 sq ft

    124 m²

    Last Sale Price

    £164,950

    Nov 2015

    Estimated Valuation

    £203,792

    Est. £/sq ft

    £153/sq ft

    £1,643/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area1,335 sq ft (124 m²)
    EPC dateAug 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Nov 2015

    New build

    £164,950

    Key Metrics

    Estimated valuation£203,792
    Value per sq ft / m²£153/sq ft (£1,643/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile79th percentile
    National percentile25th 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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