1 Walcher Grove

    1, WALCHER GROVE, GATESHEAD, NE8 3FJ

    This detached freehold property on Walcher Grove last sold in June 2016 for £175,000. Based on price growth in the NE8 district since then, its estimated current value is £250,248 — placing it in the 37th percentile nationally and the 91st percentile within NE8. The property covers 64 m² (689 sq ft), giving an estimated value of £3,910 per m². The EPC rating is C, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £175,000

    Jun 2016

    Estimated Valuation

    £250,248

    Est. £/sq ft

    £363/sq ft

    £3,910/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialA
    Floor area689 sq ft (64 m²)
    EPC dateOct 2024
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Jun 2016

    £175,000

    15 Apr 2009

    New build

    £170,000

    Key Metrics

    Estimated valuation£250,248
    Value per sq ft / m²£363/sq ft (£3,910/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile91st percentile
    National percentile37th 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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