4 Westminster Street

    4, WESTMINSTER STREET, GATESHEAD, NE8 4QE

    This terraced freehold property on Westminster Street last sold in August 2020 for £148,995. Based on price growth in the NE8 district since then, its estimated current value is £180,162 — placing it in the 19th percentile nationally and the 70th percentile within NE8. The property covers 88 m² (947 sq ft), giving an estimated value of £2,047 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £148,995

    Aug 2020

    Estimated Valuation

    £180,162

    Est. £/sq ft

    £190/sq ft

    £2,047/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction age2017
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area947 sq ft (88 m²)
    EPC dateAug 2020
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Aug 2020

    New build

    £148,995

    18 Jan 2008

    £72,800

    27 May 2005

    £63,000

    Key Metrics

    Estimated valuation£180,162
    Value per sq ft / m²£190/sq ft (£2,047/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile70th percentile
    National percentile19th 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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