56 Raby Street

    56, RABY STREET, GATESHEAD, NE8 4AD

    This flat/maisonette leasehold property on Raby Street last sold in September 2019 for £47,000. Based on price growth in the NE8 district since then, its estimated current value is £54,898 — placing it in the 0th percentile nationally and the 4th percentile within NE8. The property covers 67 m² (721 sq ft), giving an estimated value of £819 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    721 sq ft

    67 m²

    Last Sale Price

    £47,000

    Sept 2019

    Estimated Valuation

    £54,898

    Est. £/sq ft

    £76/sq ft

    £819/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialD
    Floor area721 sq ft (67 m²)
    EPC dateAug 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Sept 2019

    £47,000

    8 Aug 2016

    £75,000

    10 Jun 2013

    £63,500

    30 Jun 2010

    £72,500

    16 Apr 2004

    £67,000

    7 Feb 2003

    £23,000

    Key Metrics

    Estimated valuation£54,898
    Value per sq ft / m²£76/sq ft (£819/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile4th 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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