131 Old Durham Road

    131, OLD DURHAM ROAD, GATESHEAD, NE8 3TR

    This terraced freehold property on Old Durham Road last sold in November 2019 for £179,950. Based on price growth in the NE8 district since then, its estimated current value is £238,565 — placing it in the 34th percentile nationally and the 88th percentile within NE8. The property covers 116 m² (1,249 sq ft), giving an estimated value of £2,057 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,249 sq ft

    116 m²

    Last Sale Price

    £179,950

    Nov 2019

    Estimated Valuation

    £238,565

    Est. £/sq ft

    £191/sq ft

    £2,057/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,249 sq ft (116 m²)
    EPC dateSept 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Nov 2019

    £179,950

    11 Jan 2008

    £152,000

    Key Metrics

    Estimated valuation£238,565
    Value per sq ft / m²£191/sq ft (£2,057/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile88th percentile
    National percentile34th 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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