3 Gower Walk

    3, GOWER WALK, GATESHEAD, NE8 3TA

    This terraced freehold property on Gower Walk last sold in June 2012 for £77,000. Based on price growth in the NE8 district since then, its estimated current value is £109,760 — placing it in the 5th percentile nationally and the 37th percentile within NE8. The property covers 82 m² (883 sq ft), giving an estimated value of £1,339 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    883 sq ft

    82 m²

    Last Sale Price

    £77,000

    Jun 2012

    Estimated Valuation

    £109,760

    Est. £/sq ft

    £124/sq ft

    £1,339/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area883 sq ft (82 m²)
    EPC dateApr 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Jun 2012

    £77,000

    Key Metrics

    Estimated valuation£109,760
    Value per sq ft / m²£124/sq ft (£1,339/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile37th 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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