240 Alexandra Road

    240, ALEXANDRA ROAD, GATESHEAD, NE8 4ED

    This terraced freehold property on Alexandra Road last sold in November 2015 for £140,000. Based on price growth in the NE8 district since then, its estimated current value is £172,967 — placing it in the 18th percentile nationally and the 68th percentile within NE8. The property covers 108 m² (1,163 sq ft), giving an estimated value of £1,602 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,163 sq ft

    108 m²

    Last Sale Price

    £140,000

    Nov 2015

    Estimated Valuation

    £172,967

    Est. £/sq ft

    £149/sq ft

    £1,602/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,163 sq ft (108 m²)
    EPC dateJun 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Nov 2015

    £140,000

    7 Jun 2005

    £133,000

    24 Oct 2003

    £104,000

    16 Aug 2002

    £32,000

    Key Metrics

    Estimated valuation£172,967
    Value per sq ft / m²£149/sq ft (£1,602/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile68th percentile
    National percentile18th 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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