2 Patterdale Terrace

    2, PATTERDALE TERRACE, GATESHEAD, GATESHEAD, NE8 4JQ

    This flat/maisonette leasehold property on Patterdale Terrace last sold in January 2008 for £95,000. Based on price growth in the NE8 district since then, its estimated current value is £115,446 — placing it in the 6th percentile nationally and the 40th percentile within NE8. The property covers 71 m² (764 sq ft), giving an estimated value of £1,626 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £95,000

    Jan 2008

    Estimated Valuation

    £115,446

    Est. £/sq ft

    £151/sq ft

    £1,626/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area764 sq ft (71 m²)
    EPC dateApr 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Jan 2008

    £95,000

    28 Jun 1999

    £29,000

    11 Dec 1995

    £20,500

    Key Metrics

    Estimated valuation£115,446
    Value per sq ft / m²£151/sq ft (£1,626/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile40th percentile
    National percentile6th 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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