248 Sunderland Road

    248, SUNDERLAND ROAD, GATESHEAD, NE8 3ED

    This terraced freehold property on Sunderland Road last sold in March 2009 for £148,950. Based on price growth in the NE8 district since then, its estimated current value is £217,194 — placing it in the 29th percentile nationally and the 83rd percentile within NE8. The property covers 67 m² (721 sq ft), giving an estimated value of £3,242 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    721 sq ft

    67 m²

    Last Sale Price

    £148,950

    Mar 2009

    Estimated Valuation

    £217,194

    Est. £/sq ft

    £301/sq ft

    £3,242/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area721 sq ft (67 m²)
    EPC dateDec 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Mar 2009

    New build

    £148,950

    Key Metrics

    Estimated valuation£217,194
    Value per sq ft / m²£301/sq ft (£3,242/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile83rd percentile
    National percentile29th 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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