57 Westminster Street

    57, WESTMINSTER STREET, GATESHEAD, GATESHEAD, NE8 4QE

    This semi-detached freehold property on Westminster Street last sold in September 2007 for £72,000. Based on price growth in the NE8 district since then, its estimated current value is £90,400 — placing it in the 3rd percentile nationally and the 25th percentile within NE8. The property covers 69 m² (743 sq ft), giving an estimated value of £1,310 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £72,000

    Sept 2007

    Estimated Valuation

    £90,400

    Est. £/sq ft

    £122/sq ft

    £1,310/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area743 sq ft (69 m²)
    EPC dateMar 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Sept 2007

    £72,000

    17 Jan 2003

    £30,000

    Key Metrics

    Estimated valuation£90,400
    Value per sq ft / m²£122/sq ft (£1,310/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile25th percentile
    National percentile3rd 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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