54 Old Durham Road

    54, OLD DURHAM ROAD, GATESHEAD, NE8 4BL

    This terraced freehold property on Old Durham Road last sold in October 2012 for £75,000. Based on price growth in the NE8 district since then, its estimated current value is £106,909 — placing it in the 5th percentile nationally and the 36th percentile within NE8. The property covers 122 m² (1,313 sq ft), giving an estimated value of £876 per m². The EPC rating is F, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,313 sq ft

    122 m²

    Last Sale Price

    £75,000

    Oct 2012

    Estimated Valuation

    £106,909

    Est. £/sq ft

    £81/sq ft

    £876/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialB
    Floor area1,313 sq ft (122 m²)
    EPC dateApr 2012
    WallsSolid brick, as built, no insulation (assumed)
    HeatingPortable electric heaters assumed for most rooms

    Transaction History

    5 Oct 2012

    £75,000

    Key Metrics

    Estimated valuation£106,909
    Value per sq ft / m²£81/sq ft (£876/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile36th percentile
    National percentile5th 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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