1 Milton Square

    1, MILTON SQUARE, GATESHEAD, NE8 3HG

    This terraced freehold property on Milton Square last sold in October 2024 for £78,000. Based on price growth in the NE8 district since then, its estimated current value is £86,202 — placing it in the 2nd percentile nationally and the 22nd percentile within NE8. The property covers 89 m² (958 sq ft), giving an estimated value of £969 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £78,000

    Oct 2024

    Estimated Valuation

    £86,202

    Est. £/sq ft

    £90/sq ft

    £969/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area958 sq ft (89 m²)
    EPC dateJul 2024
    WallsSystem built, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Oct 2024

    £78,000

    Key Metrics

    Estimated valuation£86,202
    Value per sq ft / m²£90/sq ft (£969/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile22nd percentile
    National percentile2nd 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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