71 Bishops Park Road

    71, BISHOPS PARK ROAD, GATESHEAD, NE8 3FF

    This terraced leasehold property on Bishops Park Road last sold in February 2018 for £170,000. Based on price growth in the NE8 district since then, its estimated current value is £206,731 — placing it in the 26th percentile nationally and the 80th percentile within NE8. The property covers 102 m² (1,098 sq ft), giving an estimated value of £2,027 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,098 sq ft

    102 m²

    Last Sale Price

    £170,000

    Feb 2018

    Estimated Valuation

    £206,731

    Est. £/sq ft

    £188/sq ft

    £2,027/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,098 sq ft (102 m²)
    EPC dateDec 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Feb 2018

    £170,000

    14 Dec 2012

    New build

    £149,940

    Key Metrics

    Estimated valuation£206,731
    Value per sq ft / m²£188/sq ft (£2,027/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile80th percentile
    National percentile26th 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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