38 Cobden Terrace

    38, COBDEN TERRACE, GATESHEAD, GATESHEAD, NE8 3TB

    This detached freehold property on Cobden Terrace last sold in March 2003 for £50,000. Based on price growth in the NE8 district since then, its estimated current value is £106,164 — placing it in the 5th percentile nationally and the 35th percentile within NE8. The property covers 111 m² (1,195 sq ft), giving an estimated value of £956 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,195 sq ft

    111 m²

    Last Sale Price

    £50,000

    Mar 2003

    Estimated Valuation

    £106,164

    Est. £/sq ft

    £89/sq ft

    £956/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,195 sq ft (111 m²)
    EPC dateJun 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Mar 2003

    New build

    £50,000

    Key Metrics

    Estimated valuation£106,164
    Value per sq ft / m²£89/sq ft (£956/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile35th 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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