24 Bishops Park Road

    24, BISHOPS PARK ROAD, GATESHEAD, NE8 3FF

    This semi-detached leasehold property on Bishops Park Road last sold in March 2023 for £173,000. Based on price growth in the NE8 district since then, its estimated current value is £188,238 — placing it in the 21st percentile nationally and the 74th percentile within NE8. The property covers 91 m² (980 sq ft), giving an estimated value of £2,069 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £173,000

    Mar 2023

    Estimated Valuation

    £188,238

    Est. £/sq ft

    £192/sq ft

    £2,069/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2012
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area980 sq ft (91 m²)
    EPC dateOct 2014
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Mar 2023

    £173,000

    26 Sept 2014

    New build

    £149,950

    Key Metrics

    Estimated valuation£188,238
    Value per sq ft / m²£192/sq ft (£2,069/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile74th percentile
    National percentile21st 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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