55 Chaucer Close

    55, CHAUCER CLOSE, GATESHEAD, NE8 3NG

    This flat/maisonette freehold property on Chaucer Close last sold in December 2021 for £88,000. Based on price growth in the NE8 district since then, its estimated current value is £99,574 — placing it in the 4th percentile nationally and the 31st percentile within NE8. The property covers 48 m² (517 sq ft), giving an estimated value of £2,074 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    517 sq ft

    48 m²

    Last Sale Price

    £88,000

    Dec 2021

    Estimated Valuation

    £99,574

    Est. £/sq ft

    £193/sq ft

    £2,074/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area517 sq ft (48 m²)
    EPC dateNov 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Dec 2021

    £88,000

    6 Sept 2004

    £89,000

    10 Nov 2000

    £39,000

    29 Nov 1999

    £35,995

    Key Metrics

    Estimated valuation£99,574
    Value per sq ft / m²£193/sq ft (£2,074/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile31st 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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