244 Durham Road

    244, DURHAM ROAD, GATESHEAD, NE8 4JR

    This terraced freehold property on Durham Road last sold in March 2021 for £205,250. Based on price growth in the NE8 district since then, its estimated current value is £256,474 — placing it in the 39th percentile nationally and the 92nd percentile within NE8. The property covers 154 m² (1,658 sq ft), giving an estimated value of £1,665 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,658 sq ft

    154 m²

    Last Sale Price

    £205,250

    Mar 2021

    Estimated Valuation

    £256,474

    Est. £/sq ft

    £155/sq ft

    £1,665/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,658 sq ft (154 m²)
    EPC dateSept 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Mar 2021

    £205,250

    28 Mar 2008

    £150,000

    5 Jun 1998

    £35,000

    Key Metrics

    Estimated valuation£256,474
    Value per sq ft / m²£155/sq ft (£1,665/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile92nd percentile
    National percentile39th 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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