2a Kelvin Grove

    2A, KELVIN GROVE, GATESHEAD, NE8 4QN

    This flat/maisonette leasehold property on Kelvin Grove last sold in December 2017 for £45,000. Based on price growth in the NE8 district since then, its estimated current value is £53,241 — placing it in the 0th percentile nationally and the 3rd percentile within NE8. The property covers 68 m² (732 sq ft), giving an estimated value of £783 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £45,000

    Dec 2017

    Estimated Valuation

    £53,241

    Est. £/sq ft

    £73/sq ft

    £783/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area732 sq ft (68 m²)
    EPC dateJun 2018
    WallsSolid brick, with internal insulation
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Dec 2017

    £45,000

    Key Metrics

    Estimated valuation£53,241
    Value per sq ft / m²£73/sq ft (£783/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile3rd percentile
    National percentile0th 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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