7 Cromwell Street

    7, CROMWELL STREET, GATESHEAD, NE8 3RT

    This semi-detached freehold property on Cromwell Street last sold in September 2009 for £143,000. Based on price growth in the NE8 district since then, its estimated current value is £213,228 — placing it in the 28th percentile nationally and the 82nd percentile within NE8. The property covers 94 m² (1,012 sq ft), giving an estimated value of £2,268 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,012 sq ft

    94 m²

    Last Sale Price

    £143,000

    Sept 2009

    Estimated Valuation

    £213,228

    Est. £/sq ft

    £211/sq ft

    £2,268/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,012 sq ft (94 m²)
    EPC dateJun 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Sept 2009

    £143,000

    Key Metrics

    Estimated valuation£213,228
    Value per sq ft / m²£211/sq ft (£2,268/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile82nd percentile
    National percentile28th 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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