2 Tweed Street

    2, TWEED STREET, GATESHEAD, NE8 3SF

    This terraced freehold property on Tweed Street last sold in April 2020 for £88,000. Based on price growth in the NE8 district since then, its estimated current value is £106,408 — placing it in the 5th percentile nationally and the 35th percentile within NE8. The property covers 78 m² (840 sq ft), giving an estimated value of £1,364 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £88,000

    Apr 2020

    Estimated Valuation

    £106,408

    Est. £/sq ft

    £127/sq ft

    £1,364/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area840 sq ft (78 m²)
    EPC dateOct 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Apr 2020

    £88,000

    20 Oct 2015

    £74,000

    10 Apr 2003

    £28,950

    Key Metrics

    Estimated valuation£106,408
    Value per sq ft / m²£127/sq ft (£1,364/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile35th percentile
    National percentile5th percentile

    Other Properties on Tweed Street

    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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