8 Ovett Gardens

    8, OVETT GARDENS, GATESHEAD, NE8 3JH

    This semi-detached freehold property on Ovett Gardens last sold in February 2014 for £123,000. Based on price growth in the NE8 district since then, its estimated current value is £160,631 — placing it in the 15th percentile nationally and the 63rd percentile within NE8. The property covers 99 m² (1,066 sq ft), giving an estimated value of £1,623 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,066 sq ft

    99 m²

    Last Sale Price

    £123,000

    Feb 2014

    Estimated Valuation

    £160,631

    Est. £/sq ft

    £151/sq ft

    £1,623/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,066 sq ft (99 m²)
    EPC dateMar 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Feb 2014

    £123,000

    19 Dec 2003

    New build

    £131,450

    Key Metrics

    Estimated valuation£160,631
    Value per sq ft / m²£151/sq ft (£1,623/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile63rd percentile
    National percentile15th 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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