3 Cromwell Street

    3, CROMWELL STREET, GATESHEAD, NE8 3RT

    This flat/maisonette freehold property on Cromwell Street last sold in September 1999 for £45,000. Based on price growth in the NE8 district since then, its estimated current value is £257,246 — placing it in the 39th percentile nationally and the 92nd percentile within NE8. The property covers 73 m² (786 sq ft), giving an estimated value of £3,524 per m². The EPC rating is B, with a potential rating of A.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £45,000

    Sept 1999

    Estimated Valuation

    £257,246

    Est. £/sq ft

    £327/sq ft

    £3,524/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formMid-Terrace
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area786 sq ft (73 m²)
    EPC dateMar 2015
    WallsAverage thermal transmittance 0.23 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Sept 1999

    £45,000

    Key Metrics

    Estimated valuation£257,246
    Value per sq ft / m²£327/sq ft (£3,524/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile92nd percentile
    National percentile39th 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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