2 King Edward Place

    2, KING EDWARD PLACE, GATESHEAD, GATESHEAD, NE8 3PS

    This terraced freehold property on King Edward Place last sold in December 2003 for £72,475. Based on price growth in the NE8 district since then, its estimated current value is £184,441 — placing it in the 20th percentile nationally and the 72nd percentile within NE8. The property covers 71 m² (764 sq ft), giving an estimated value of £2,598 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £72,475

    Dec 2003

    Estimated Valuation

    £184,441

    Est. £/sq ft

    £241/sq ft

    £2,598/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area764 sq ft (71 m²)
    EPC dateMar 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Dec 2003

    £72,475

    Key Metrics

    Estimated valuation£184,441
    Value per sq ft / m²£241/sq ft (£2,598/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile72nd percentile
    National percentile20th percentile

    Other Properties on King Edward Place

    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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