114 Durham Road

    114, DURHAM ROAD, GATESHEAD, NE8 4EL

    This terraced freehold property on Durham Road last sold in April 2013 for £125,000. Based on price growth in the NE8 district since then, its estimated current value is £169,295 — placing it in the 17th percentile nationally and the 66th percentile within NE8. The property covers 151 m² (1,625 sq ft), giving an estimated value of £1,121 per m². The EPC rating is E, with a potential rating of D.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,625 sq ft

    151 m²

    Last Sale Price

    £125,000

    Apr 2013

    Estimated Valuation

    £169,295

    Est. £/sq ft

    £104/sq ft

    £1,121/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area1,625 sq ft (151 m²)
    EPC dateDec 2013
    WallsSolid brick, with external insulation
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Apr 2013

    £125,000

    28 Nov 2003

    £120,000

    3 Aug 1999

    £25,000

    Key Metrics

    Estimated valuation£169,295
    Value per sq ft / m²£104/sq ft (£1,121/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile66th percentile
    National percentile17th 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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