274 Old Durham Road

    274, OLD DURHAM ROAD, GATESHEAD, GATESHEAD, NE8 4BP

    This terraced freehold property on Old Durham Road last sold in October 2003 for £44,000. Based on price growth in the NE8 district since then, its estimated current value is £111,975 — placing it in the 5th percentile nationally and the 38th percentile within NE8. The property covers 69 m² (743 sq ft), giving an estimated value of £1,623 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £44,000

    Oct 2003

    Estimated Valuation

    £111,975

    Est. £/sq ft

    £151/sq ft

    £1,623/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area743 sq ft (69 m²)
    EPC dateJun 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Oct 2003

    £44,000

    30 Sept 1996

    £21,000

    Key Metrics

    Estimated valuation£111,975
    Value per sq ft / m²£151/sq ft (£1,623/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile38th 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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