92 - 94 Durham Road

    92 - 94, DURHAM ROAD, GATESHEAD, NE8 4EL

    This terraced freehold property on Durham Road last sold in February 2021 for £180,000. Based on price growth in the NE8 district since then, its estimated current value is £224,922 — placing it in the 31st percentile nationally and the 85th percentile within NE8. The property covers 175 m² (1,884 sq ft), giving an estimated value of £1,285 per m². The EPC rating is F, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,884 sq ft

    175 m²

    Last Sale Price

    £180,000

    Feb 2021

    Estimated Valuation

    £224,922

    Est. £/sq ft

    £119/sq ft

    £1,285/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialB
    Floor area1,884 sq ft (175 m²)
    EPC dateNov 2012
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Feb 2021

    £180,000

    Key Metrics

    Estimated valuation£224,922
    Value per sq ft / m²£119/sq ft (£1,285/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile85th percentile
    National percentile31st 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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