15 Chad House Sunderland Road

    15 CHAD HOUSE, SUNDERLAND ROAD, GATESHEAD, NE8 3HX

    This flat/maisonette leasehold property on Sunderland Road last sold in July 2023 for £162,500. Based on price growth in the NE8 district since then, its estimated current value is £169,217 — placing it in the 17th percentile nationally and the 66th percentile within NE8. The property covers 52 m² (560 sq ft), giving an estimated value of £3,254 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £162,500

    Jul 2023

    Estimated Valuation

    £169,217

    Est. £/sq ft

    £302/sq ft

    £3,254/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2018
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentC
    EPC potentialC
    Floor area560 sq ft (52 m²)
    EPC dateMar 2018
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    20 Jul 2023

    £162,500

    Key Metrics

    Estimated valuation£169,217
    Value per sq ft / m²£302/sq ft (£3,254/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile66th percentile
    National percentile17th 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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