15 Bishops Park Road

    15, BISHOPS PARK ROAD, GATESHEAD, NE8 3FF

    This terraced leasehold property on Bishops Park Road last sold in March 2023 for £147,500. Based on price growth in the NE8 district since then, its estimated current value is £160,850 — placing it in the 15th percentile nationally and the 63rd percentile within NE8. The property covers 72 m² (775 sq ft), giving an estimated value of £2,234 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £147,500

    Mar 2023

    Estimated Valuation

    £160,850

    Est. £/sq ft

    £208/sq ft

    £2,234/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formSemi-Detached
    Construction age2012
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area775 sq ft (72 m²)
    EPC dateOct 2014
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Mar 2023

    £147,500

    Key Metrics

    Estimated valuation£160,850
    Value per sq ft / m²£208/sq ft (£2,234/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile63rd percentile
    National percentile15th 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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