58 Old Durham Road

    58, OLD DURHAM ROAD, GATESHEAD, NE8 4BL

    This terraced freehold property on Old Durham Road last sold in November 2016 for £75,000. Based on price growth in the NE8 district since then, its estimated current value is £96,721 — placing it in the 3rd percentile nationally and the 29th percentile within NE8. The property covers 91 m² (980 sq ft), giving an estimated value of £1,063 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £75,000

    Nov 2016

    Estimated Valuation

    £96,721

    Est. £/sq ft

    £99/sq ft

    £1,063/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area980 sq ft (91 m²)
    EPC dateApr 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Nov 2016

    £75,000

    4 May 2007

    £130,000

    23 Jul 1999

    £34,000

    Key Metrics

    Estimated valuation£96,721
    Value per sq ft / m²£99/sq ft (£1,063/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile29th percentile
    National percentile3rd 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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