342 Old Durham Road

    342, OLD DURHAM ROAD, GATESHEAD, GATESHEAD, NE8 4BQ

    This flat/maisonette leasehold property on Old Durham Road last sold in October 2007 for £80,000. Based on price growth in the NE8 district since then, its estimated current value is £91,355 — placing it in the 3rd percentile nationally and the 25th percentile within NE8. The property covers 93 m² (1,001 sq ft), giving an estimated value of £982 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,001 sq ft

    93 m²

    Last Sale Price

    £80,000

    Oct 2007

    Estimated Valuation

    £91,355

    Est. £/sq ft

    £91/sq ft

    £982/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialD
    Floor area1,001 sq ft (93 m²)
    EPC dateMar 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Oct 2007

    £80,000

    9 Apr 2003

    £13,500

    28 Mar 2002

    £15,000

    17 Dec 1999

    £14,500

    Key Metrics

    Estimated valuation£91,355
    Value per sq ft / m²£91/sq ft (£982/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile25th 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

    More properties in NE8

    Streets in NE8

    Explore nearby