40 Silverdale Terrace

    40, SILVERDALE TERRACE, GATESHEAD, NE8 4JL

    This flat/maisonette leasehold property on Silverdale Terrace last sold in June 2021 for £90,000. Based on price growth in the NE8 district since then, its estimated current value is £101,837 — placing it in the 4th percentile nationally and the 33rd percentile within NE8. The property covers 91 m² (980 sq ft), giving an estimated value of £1,119 per m². The EPC rating is F, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £90,000

    Jun 2021

    Estimated Valuation

    £101,837

    Est. £/sq ft

    £104/sq ft

    £1,119/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialD
    Floor area980 sq ft (91 m²)
    EPC dateApr 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Jun 2021

    £90,000

    3 Nov 2016

    £70,000

    9 Sept 2005

    £87,000

    28 May 2004

    £80,000

    8 Aug 2001

    £29,500

    Key Metrics

    Estimated valuation£101,837
    Value per sq ft / m²£104/sq ft (£1,119/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile33rd percentile
    National percentile4th 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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