334 Old Durham Road

    334, OLD DURHAM ROAD, GATESHEAD, NE8 4BQ

    This flat/maisonette leasehold property on Old Durham Road last sold in May 2014 for £35,000. Based on price growth in the NE8 district since then, its estimated current value is £41,405 — placing it in the 0th percentile nationally and the 1st percentile within NE8. The property covers 62 m² (667 sq ft), giving an estimated value of £668 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £35,000

    May 2014

    Estimated Valuation

    £41,405

    Est. £/sq ft

    £62/sq ft

    £668/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area667 sq ft (62 m²)
    EPC dateNov 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 May 2014

    £35,000

    14 Dec 2010

    £35,500

    16 Jul 2010

    £42,000

    31 Oct 2003

    £25,000

    11 Jan 1996

    £8,500

    Key Metrics

    Estimated valuation£41,405
    Value per sq ft / m²£62/sq ft (£668/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile1st 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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