9 Bishops Park Road

    9, BISHOPS PARK ROAD, GATESHEAD, NE8 3FF

    This terraced leasehold property on Bishops Park Road last sold in August 2019 for £174,000. Based on price growth in the NE8 district since then, its estimated current value is £230,677 — placing it in the 32nd percentile nationally and the 87th percentile within NE8. The property covers 111 m² (1,195 sq ft), giving an estimated value of £2,078 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,195 sq ft

    111 m²

    Last Sale Price

    £174,000

    Aug 2019

    Estimated Valuation

    £230,677

    Est. £/sq ft

    £193/sq ft

    £2,078/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction age2012
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,195 sq ft (111 m²)
    EPC dateFeb 2015
    WallsAverage thermal transmittance 0.26 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Aug 2019

    £174,000

    27 Mar 2015

    New build

    £162,500

    Key Metrics

    Estimated valuation£230,677
    Value per sq ft / m²£193/sq ft (£2,078/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile87th percentile
    National percentile32nd 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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