16 Shipcote Terrace

    16, SHIPCOTE TERRACE, GATESHEAD, NE8 4AA

    This terraced leasehold property on Shipcote Terrace last sold in September 2022 for £105,000. Based on price growth in the NE8 district since then, its estimated current value is £124,699 — placing it in the 8th percentile nationally and the 44th percentile within NE8. The property covers 73 m² (786 sq ft), giving an estimated value of £1,708 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £105,000

    Sept 2022

    Estimated Valuation

    £124,699

    Est. £/sq ft

    £159/sq ft

    £1,708/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area786 sq ft (73 m²)
    EPC dateFeb 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Sept 2022

    £105,000

    27 Mar 2017

    £62,500

    Key Metrics

    Estimated valuation£124,699
    Value per sq ft / m²£159/sq ft (£1,708/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile44th percentile
    National percentile8th 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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