20 Westminster Street

    20, WESTMINSTER STREET, GATESHEAD, NE8 4QE

    This semi-detached freehold property on Westminster Street last sold in August 2022 for £196,000. Based on price growth in the NE8 district since then, its estimated current value is £221,497 — placing it in the 30th percentile nationally and the 84th percentile within NE8. The property covers 97 m² (1,044 sq ft), giving an estimated value of £2,283 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £196,000

    Aug 2022

    Estimated Valuation

    £221,497

    Est. £/sq ft

    £212/sq ft

    £2,283/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,044 sq ft (97 m²)
    EPC dateFeb 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Aug 2022

    £196,000

    30 Oct 2020

    New build

    £172,995

    Key Metrics

    Estimated valuation£221,497
    Value per sq ft / m²£212/sq ft (£2,283/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile84th percentile
    National percentile30th 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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