69 King Edward Street

    69, KING EDWARD STREET, GATESHEAD, NE8 3PR

    This terraced freehold property on King Edward Street last sold in September 2021 for £99,500. Based on price growth in the NE8 district since then, its estimated current value is £124,332 — placing it in the 7th percentile nationally and the 44th percentile within NE8. The property covers 62 m² (667 sq ft), giving an estimated value of £2,005 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £99,500

    Sept 2021

    Estimated Valuation

    £124,332

    Est. £/sq ft

    £186/sq ft

    £2,005/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateApr 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingWarm air, mains gas

    Transaction History

    22 Sept 2021

    £99,500

    Key Metrics

    Estimated valuation£124,332
    Value per sq ft / m²£186/sq ft (£2,005/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile44th percentile
    National percentile7th 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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