3 Westfield Terrace

    3, WESTFIELD TERRACE, GATESHEAD, GATESHEAD, NE8 4LD

    This terraced freehold property on Westfield Terrace last sold in March 2001 for £36,000. Based on price growth in the NE8 district since then, its estimated current value is £168,505 — placing it in the 17th percentile nationally and the 66th percentile within NE8. The property covers 82 m² (883 sq ft), giving an estimated value of £2,055 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    883 sq ft

    82 m²

    Last Sale Price

    £36,000

    Mar 2001

    Estimated Valuation

    £168,505

    Est. £/sq ft

    £191/sq ft

    £2,055/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area883 sq ft (82 m²)
    EPC dateJul 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Mar 2001

    £36,000

    21 Feb 1997

    £19,500

    Key Metrics

    Estimated valuation£168,505
    Value per sq ft / m²£191/sq ft (£2,055/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile66th percentile
    National percentile17th 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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