50 Chaucer Close

    50, CHAUCER CLOSE, GATESHEAD, NE8 3NG

    This detached freehold property on Chaucer Close last sold in March 2022 for £190,000. Based on price growth in the NE8 district since then, its estimated current value is £251,398 — placing it in the 38th percentile nationally and the 91st percentile within NE8. The property covers 73 m² (786 sq ft), giving an estimated value of £3,444 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £190,000

    Mar 2022

    Estimated Valuation

    £251,398

    Est. £/sq ft

    £320/sq ft

    £3,444/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area786 sq ft (73 m²)
    EPC dateApr 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Mar 2022

    £190,000

    Key Metrics

    Estimated valuation£251,398
    Value per sq ft / m²£320/sq ft (£3,444/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile91st percentile
    National percentile38th 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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