4 Westfield Terrace

    4, WESTFIELD TERRACE, GATESHEAD, NE8 4LD

    This terraced freehold property on Westfield Terrace last sold in August 2019 for £120,000. Based on price growth in the NE8 district since then, its estimated current value is £159,088 — placing it in the 14th percentile nationally and the 62nd percentile within NE8. The property covers 118 m² (1,270 sq ft), giving an estimated value of £1,348 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,270 sq ft

    118 m²

    Last Sale Price

    £120,000

    Aug 2019

    Estimated Valuation

    £159,088

    Est. £/sq ft

    £125/sq ft

    £1,348/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,270 sq ft (118 m²)
    EPC dateMar 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Aug 2019

    £120,000

    18 Jan 2002

    £49,500

    Key Metrics

    Estimated valuation£159,088
    Value per sq ft / m²£125/sq ft (£1,348/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile62nd percentile
    National percentile14th 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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