5 Fife Street

    5, FIFE STREET, GATESHEAD, NE8 3RR

    This terraced leasehold property on Fife Street last sold in February 2021 for £85,000. Based on price growth in the NE8 district since then, its estimated current value is £106,213 — placing it in the 5th percentile nationally and the 35th percentile within NE8. The property covers 47 m² (506 sq ft), giving an estimated value of £2,260 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £85,000

    Feb 2021

    Estimated Valuation

    £106,213

    Est. £/sq ft

    £210/sq ft

    £2,260/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area506 sq ft (47 m²)
    EPC dateMay 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingWarm air, mains gas

    Transaction History

    10 Feb 2021

    £85,000

    4 Feb 2008

    £94,000

    4 Oct 2006

    £45,000

    2 May 2003

    £15,250

    Key Metrics

    Estimated valuation£106,213
    Value per sq ft / m²£210/sq ft (£2,260/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile35th percentile
    National percentile5th 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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