31 Bishops Park Road

    31, BISHOPS PARK ROAD, GATESHEAD, NE8 3FF

    This terraced leasehold property on Bishops Park Road last sold in August 2020 for £137,000. Based on price growth in the NE8 district since then, its estimated current value is £165,658 — placing it in the 16th percentile nationally and the 64th percentile within NE8. The property covers 69 m² (743 sq ft), giving an estimated value of £2,401 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £137,000

    Aug 2020

    Estimated Valuation

    £165,658

    Est. £/sq ft

    £223/sq ft

    £2,401/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area743 sq ft (69 m²)
    EPC dateAug 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Aug 2020

    £137,000

    21 Mar 2018

    £125,000

    30 May 2014

    New build

    £142,450

    Key Metrics

    Estimated valuation£165,658
    Value per sq ft / m²£223/sq ft (£2,401/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile64th percentile
    National percentile16th 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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