2 Fife Street

    2, FIFE STREET, GATESHEAD, NE8 3RR

    This terraced freehold property on Fife Street last sold in February 2017 for £145,000. Based on price growth in the NE8 district since then, its estimated current value is £180,576 — placing it in the 20th percentile nationally and the 71st percentile within NE8. The property covers 96 m² (1,033 sq ft), giving an estimated value of £1,881 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,033 sq ft

    96 m²

    Last Sale Price

    £145,000

    Feb 2017

    Estimated Valuation

    £180,576

    Est. £/sq ft

    £175/sq ft

    £1,881/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,033 sq ft (96 m²)
    EPC dateJan 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Feb 2017

    £145,000

    7 Mar 2016

    £120,000

    Key Metrics

    Estimated valuation£180,576
    Value per sq ft / m²£175/sq ft (£1,881/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile71st percentile
    National percentile20th 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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