45 Bishops Park Road

    45, BISHOPS PARK ROAD, GATESHEAD, NE8 3FF

    This terraced leasehold property on Bishops Park Road last sold in August 2024 for £193,000. Based on price growth in the NE8 district since then, its estimated current value is £213,296 — placing it in the 28th percentile nationally and the 82nd percentile within NE8. The property covers 107 m² (1,152 sq ft), giving an estimated value of £1,993 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,152 sq ft

    107 m²

    Last Sale Price

    £193,000

    Aug 2024

    Estimated Valuation

    £213,296

    Est. £/sq ft

    £185/sq ft

    £1,993/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,152 sq ft (107 m²)
    EPC dateJan 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Aug 2024

    £193,000

    6 Dec 2013

    New build

    £149,950

    Key Metrics

    Estimated valuation£213,296
    Value per sq ft / m²£185/sq ft (£1,993/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile82nd percentile
    National percentile28th 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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