494 Sunderland Road

    494, SUNDERLAND ROAD, GATESHEAD, NE8 3QR

    This terraced freehold property on Sunderland Road last sold in October 2021 for £150,000. Based on price growth in the NE8 district since then, its estimated current value is £187,435 — placing it in the 21st percentile nationally and the 73rd percentile within NE8. The property covers 126 m² (1,356 sq ft), giving an estimated value of £1,488 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,356 sq ft

    126 m²

    Last Sale Price

    £150,000

    Oct 2021

    Estimated Valuation

    £187,435

    Est. £/sq ft

    £138/sq ft

    £1,488/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,356 sq ft (126 m²)
    EPC dateSept 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Oct 2021

    £150,000

    18 Oct 2004

    £105,000

    5 Jul 2002

    £37,000

    Key Metrics

    Estimated valuation£187,435
    Value per sq ft / m²£138/sq ft (£1,488/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile73rd percentile
    National percentile21st 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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