28 King Edward Street

    28, KING EDWARD STREET, GATESHEAD, NE8 3PR

    This flat/maisonette leasehold property on King Edward Street last sold in April 2024 for £65,500. Based on price growth in the NE8 district since then, its estimated current value is £68,670 — placing it in the 1st percentile nationally and the 10th percentile within NE8. The property covers 57 m² (614 sq ft), giving an estimated value of £1,205 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

    £65,500

    Apr 2024

    Estimated Valuation

    £68,670

    Est. £/sq ft

    £112/sq ft

    £1,205/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area614 sq ft (57 m²)
    EPC dateOct 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Apr 2024

    £65,500

    4 Aug 2006

    £61,000

    24 Apr 2006

    £59,000

    10 Sept 2003

    £27,000

    2 Feb 1998

    £19,000

    Key Metrics

    Estimated valuation£68,670
    Value per sq ft / m²£112/sq ft (£1,205/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile10th percentile
    National percentile1st 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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