123 Old Durham Road

    123, OLD DURHAM ROAD, GATESHEAD, NE8 3TR

    This flat/maisonette leasehold property on Old Durham Road last sold in July 2009 for £90,000. Based on price growth in the NE8 district since then, its estimated current value is £111,938 — placing it in the 5th percentile nationally and the 38th percentile within NE8. The property covers 85 m² (915 sq ft), giving an estimated value of £1,317 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £90,000

    Jul 2009

    Estimated Valuation

    £111,938

    Est. £/sq ft

    £122/sq ft

    £1,317/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area915 sq ft (85 m²)
    EPC dateAug 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Jul 2009

    £90,000

    19 Feb 2004

    New build

    £43,000

    Key Metrics

    Estimated valuation£111,938
    Value per sq ft / m²£122/sq ft (£1,317/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile38th 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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