127 Chaucer Close

    127, CHAUCER CLOSE, GATESHEAD, NE8 3NQ

    This flat/maisonette leasehold property on Chaucer Close last sold in January 2024 for £85,000. Based on price growth in the NE8 district since then, its estimated current value is £89,113 — placing it in the 2nd percentile nationally and the 24th percentile within NE8. The property covers 56 m² (603 sq ft), giving an estimated value of £1,591 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £85,000

    Jan 2024

    Estimated Valuation

    £89,113

    Est. £/sq ft

    £148/sq ft

    £1,591/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area603 sq ft (56 m²)
    EPC dateJun 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Jan 2024

    £85,000

    7 Jan 2008

    £105,000

    17 Apr 2003

    £74,950

    22 Oct 1999

    £36,950

    17 Jan 1997

    £34,750

    15 Dec 1995

    £33,500

    Key Metrics

    Estimated valuation£89,113
    Value per sq ft / m²£148/sq ft (£1,591/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile24th percentile
    National percentile2nd 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

    More properties in NE8

    Streets in NE8

    Explore nearby