11 Burney Villas

    11, BURNEY VILLAS, GATESHEAD, GATESHEAD, NE8 3RH

    This terraced freehold property on Burney Villas last sold in July 2007 for £103,000. Based on price growth in the NE8 district since then, its estimated current value is £144,342 — placing it in the 11th percentile nationally and the 55th percentile within NE8. The property covers 47 m² (506 sq ft), giving an estimated value of £3,071 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £103,000

    Jul 2007

    Estimated Valuation

    £144,342

    Est. £/sq ft

    £285/sq ft

    £3,071/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area506 sq ft (47 m²)
    EPC dateJul 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Jul 2007

    £103,000

    27 Jun 2003

    £54,000

    3 Nov 2000

    £35,500

    24 Nov 1995

    £33,500

    Key Metrics

    Estimated valuation£144,342
    Value per sq ft / m²£285/sq ft (£3,071/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile55th percentile
    National percentile11th 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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