61 Shipcote Terrace

    61, SHIPCOTE TERRACE, GATESHEAD, GATESHEAD, NE8 4AA

    This terraced freehold property on Shipcote Terrace last sold in January 1998 for £42,500. Based on price growth in the NE8 district since then, its estimated current value is £234,270 — placing it in the 33rd percentile nationally and the 88th percentile within NE8. The property covers 69 m² (743 sq ft), giving an estimated value of £3,395 per m². The EPC rating is E, with a potential rating of D.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £42,500

    Jan 1998

    Estimated Valuation

    £234,270

    Est. £/sq ft

    £315/sq ft

    £3,395/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area743 sq ft (69 m²)
    EPC dateMar 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jan 1998

    £42,500

    Key Metrics

    Estimated valuation£234,270
    Value per sq ft / m²£315/sq ft (£3,395/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile88th percentile
    National percentile33rd 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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