49 Ovett Gardens

    49, OVETT GARDENS, GATESHEAD, NE8 3JH

    This terraced freehold property on Ovett Gardens last sold in December 2015 for £137,000. Based on price growth in the NE8 district since then, its estimated current value is £169,260 — placing it in the 17th percentile nationally and the 66th percentile within NE8. The property covers 86 m² (926 sq ft), giving an estimated value of £1,968 per m². The EPC rating is C, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £137,000

    Dec 2015

    Estimated Valuation

    £169,260

    Est. £/sq ft

    £183/sq ft

    £1,968/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentC
    EPC potentialA
    Floor area926 sq ft (86 m²)
    EPC dateDec 2014
    WallsAverage thermal transmittance 0.31 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Dec 2015

    £137,000

    24 Sept 2010

    New build

    £145,950

    Key Metrics

    Estimated valuation£169,260
    Value per sq ft / m²£183/sq ft (£1,968/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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