2 Ovett Gardens

    2, OVETT GARDENS, GATESHEAD, GATESHEAD, NE8 3JH

    This detached freehold property on Ovett Gardens last sold in February 2004 for £124,950. Based on price growth in the NE8 district since then, its estimated current value is £224,269 — placing it in the 31st percentile nationally and the 85th percentile within NE8. The property covers 82 m² (883 sq ft), giving an estimated value of £2,735 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    883 sq ft

    82 m²

    Last Sale Price

    £124,950

    Feb 2004

    Estimated Valuation

    £224,269

    Est. £/sq ft

    £254/sq ft

    £2,735/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area883 sq ft (82 m²)
    EPC dateDec 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Feb 2004

    New build

    £124,950

    Key Metrics

    Estimated valuation£224,269
    Value per sq ft / m²£254/sq ft (£2,735/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile85th percentile
    National percentile31st 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

    More properties in NE8

    Streets in NE8

    Explore nearby