55 Ovett Gardens

    55, OVETT GARDENS, GATESHEAD, NE8 3JH

    This flat/maisonette leasehold property on Ovett Gardens last sold in September 2022 for £102,500. Based on price growth in the NE8 district since then, its estimated current value is £101,091 — placing it in the 4th percentile nationally and the 32nd percentile within NE8. The property covers 53 m² (570 sq ft), giving an estimated value of £1,907 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £102,500

    Sept 2022

    Estimated Valuation

    £101,091

    Est. £/sq ft

    £177/sq ft

    £1,907/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area570 sq ft (53 m²)
    EPC dateSept 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Sept 2022

    £102,500

    6 Jul 2018

    £85,000

    21 Sept 2013

    New build

    £99,950

    Key Metrics

    Estimated valuation£101,091
    Value per sq ft / m²£177/sq ft (£1,907/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile32nd percentile
    National percentile4th 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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