242 Sunderland Road

    242, SUNDERLAND ROAD, GATESHEAD, NE8 3ED

    This semi-detached freehold property on Sunderland Road last sold in October 2022 for £140,000. Based on price growth in the NE8 district since then, its estimated current value is £158,212 — placing it in the 14th percentile nationally and the 61st percentile within NE8. The property covers 71 m² (764 sq ft), giving an estimated value of £2,228 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £140,000

    Oct 2022

    Estimated Valuation

    £158,212

    Est. £/sq ft

    £207/sq ft

    £2,228/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area764 sq ft (71 m²)
    EPC dateMay 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Oct 2022

    £140,000

    20 Mar 2009

    New build

    £167,500

    Key Metrics

    Estimated valuation£158,212
    Value per sq ft / m²£207/sq ft (£2,228/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile61st 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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