58 Durham Road

    58, DURHAM ROAD, GATESHEAD, NE8 4EJ

    This flat/maisonette leasehold property on Durham Road last sold in December 2005 for £114,995. Based on price growth in the NE8 district since then, its estimated current value is £145,345 — placing it in the 11th percentile nationally and the 55th percentile within NE8. The property covers 76 m² (818 sq ft), giving an estimated value of £1,912 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £114,995

    Dec 2005

    Estimated Valuation

    £145,345

    Est. £/sq ft

    £178/sq ft

    £1,912/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area818 sq ft (76 m²)
    EPC dateApr 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Dec 2005

    New build

    £114,995

    Key Metrics

    Estimated valuation£145,345
    Value per sq ft / m²£178/sq ft (£1,912/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile55th percentile
    National percentile11th 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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