9 Burney Villas

    9, BURNEY VILLAS, GATESHEAD, NE8 3RH

    This terraced freehold property on Burney Villas last sold in January 2020 for £78,500. Based on price growth in the NE8 district since then, its estimated current value is £94,921 — placing it in the 3rd percentile nationally and the 28th percentile within NE8. The property covers 46 m² (495 sq ft), giving an estimated value of £2,064 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    495 sq ft

    46 m²

    Last Sale Price

    £78,500

    Jan 2020

    Estimated Valuation

    £94,921

    Est. £/sq ft

    £192/sq ft

    £2,064/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area495 sq ft (46 m²)
    EPC dateMar 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingWarm air, mains gas

    Transaction History

    24 Jan 2020

    £78,500

    25 Apr 2008

    £90,000

    21 Feb 2003

    £56,950

    Key Metrics

    Estimated valuation£94,921
    Value per sq ft / m²£192/sq ft (£2,064/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile28th percentile
    National percentile3rd 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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