15 Medway Crescent

    15, MEDWAY CRESCENT, GATESHEAD, NE8 3SL

    This terraced freehold property on Medway Crescent last sold in January 2022 for £125,260. Based on price growth in the NE8 district since then, its estimated current value is £148,760 — placing it in the 12th percentile nationally and the 57th percentile within NE8. The property covers 80 m² (861 sq ft), giving an estimated value of £1,860 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £125,260

    Jan 2022

    Estimated Valuation

    £148,760

    Est. £/sq ft

    £173/sq ft

    £1,860/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area861 sq ft (80 m²)
    EPC dateOct 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Jan 2022

    £125,260

    Key Metrics

    Estimated valuation£148,760
    Value per sq ft / m²£173/sq ft (£1,860/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile57th percentile
    National percentile12th 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

    More properties in NE8

    Streets in NE8

    Explore nearby