293 Old Durham Road

    293, OLD DURHAM ROAD, GATESHEAD, NE8 3TS

    This terraced freehold property on Old Durham Road last sold in January 2024 for £52,000. Based on price growth in the NE8 district since then, its estimated current value is £57,468 — placing it in the 0th percentile nationally and the 5th percentile within NE8. The property covers 118 m² (1,270 sq ft), giving an estimated value of £487 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,270 sq ft

    118 m²

    Last Sale Price

    £52,000

    Jan 2024

    Estimated Valuation

    £57,468

    Est. £/sq ft

    £45/sq ft

    £487/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,270 sq ft (118 m²)
    EPC dateOct 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Jan 2024

    £52,000

    19 Oct 2007

    £100,000

    15 Jul 2005

    £74,500

    17 Apr 2003

    £46,000

    Key Metrics

    Estimated valuation£57,468
    Value per sq ft / m²£45/sq ft (£487/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile5th percentile
    National percentile0th 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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