51 Chaucer Close

    51, CHAUCER CLOSE, GATESHEAD, GATESHEAD, NE8 3NG

    This flat/maisonette leasehold property on Chaucer Close last sold in September 1997 for £36,000. Based on price growth in the NE8 district since then, its estimated current value is £196,813 — placing it in the 24th percentile nationally and the 77th percentile within NE8. The property covers 57 m² (614 sq ft), giving an estimated value of £3,453 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £36,000

    Sept 1997

    Estimated Valuation

    £196,813

    Est. £/sq ft

    £321/sq ft

    £3,453/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area614 sq ft (57 m²)
    EPC dateApr 2026
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Sept 1997

    £36,000

    Key Metrics

    Estimated valuation£196,813
    Value per sq ft / m²£321/sq ft (£3,453/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile77th percentile
    National percentile24th 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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