40 Chaucer Close

    40, CHAUCER CLOSE, GATESHEAD, NE8 3NG

    This flat/maisonette leasehold property on Chaucer Close last sold in May 2022 for £102,000. Based on price growth in the NE8 district since then, its estimated current value is £100,598 — placing it in the 4th percentile nationally and the 32nd percentile within NE8. The property covers 60 m² (646 sq ft), giving an estimated value of £1,677 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £102,000

    May 2022

    Estimated Valuation

    £100,598

    Est. £/sq ft

    £156/sq ft

    £1,677/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area646 sq ft (60 m²)
    EPC dateNov 2021
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 May 2022

    £102,000

    30 Apr 2019

    £91,000

    18 Jun 2010

    £90,000

    27 Jan 2006

    £97,000

    21 Oct 1996

    £35,000

    31 May 1996

    £36,500

    Key Metrics

    Estimated valuation£100,598
    Value per sq ft / m²£156/sq ft (£1,677/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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