48 Old Durham Road

    48, OLD DURHAM ROAD, GATESHEAD, NE8 4BL

    This flat/maisonette freehold property on Old Durham Road last sold in November 2023 for £97,500. Based on price growth in the NE8 district since then, its estimated current value is £101,530 — placing it in the 4th percentile nationally and the 32nd percentile within NE8. The property covers 115 m² (1,238 sq ft), giving an estimated value of £883 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    1,238 sq ft

    115 m²

    Last Sale Price

    £97,500

    Nov 2023

    Estimated Valuation

    £101,530

    Est. £/sq ft

    £82/sq ft

    £883/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,238 sq ft (115 m²)
    EPC dateMay 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Nov 2023

    £97,500

    6 Feb 2014

    £46,000

    Key Metrics

    Estimated valuation£101,530
    Value per sq ft / m²£82/sq ft (£883/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile32nd percentile
    National percentile4th 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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