88 Durham Road

    88, DURHAM ROAD, GATESHEAD, NE8 4EL

    This terraced freehold property on Durham Road last sold in June 2015 for £155,000. Based on price growth in the NE8 district since then, its estimated current value is £191,499 — placing it in the 22nd percentile nationally and the 75th percentile within NE8. The property covers 166 m² (1,787 sq ft), giving an estimated value of £1,154 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,787 sq ft

    166 m²

    Last Sale Price

    £155,000

    Jun 2015

    Estimated Valuation

    £191,499

    Est. £/sq ft

    £107/sq ft

    £1,154/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,787 sq ft (166 m²)
    EPC dateNov 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jun 2015

    £155,000

    23 Nov 2001

    £55,000

    Key Metrics

    Estimated valuation£191,499
    Value per sq ft / m²£107/sq ft (£1,154/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile75th percentile
    National percentile22nd 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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