61 Ovett Gardens

    61, OVETT GARDENS, GATESHEAD, NE8 3JH

    This flat/maisonette leasehold property on Ovett Gardens last sold in August 2022 for £92,500. Based on price growth in the NE8 district since then, its estimated current value is £91,228 — placing it in the 3rd percentile nationally and the 25th percentile within NE8. The property covers 58 m² (624 sq ft), giving an estimated value of £1,573 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £92,500

    Aug 2022

    Estimated Valuation

    £91,228

    Est. £/sq ft

    £146/sq ft

    £1,573/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateOct 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Aug 2022

    £92,500

    3 Oct 2012

    £95,500

    24 Jul 2006

    New build

    £124,950

    Key Metrics

    Estimated valuation£91,228
    Value per sq ft / m²£146/sq ft (£1,573/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile25th percentile
    National percentile3rd 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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