12 Rayleigh Grove

    12, RAYLEIGH GROVE, GATESHEAD, GATESHEAD, NE8 4QQ

    This flat/maisonette freehold property on Rayleigh Grove last sold in April 2004 for £18,000. Based on price growth in the NE8 district since then, its estimated current value is £24,174 — placing it in the 0th percentile nationally and the 0th percentile within NE8. The property covers 66 m² (710 sq ft), giving an estimated value of £366 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £18,000

    Apr 2004

    Estimated Valuation

    £24,174

    Est. £/sq ft

    £34/sq ft

    £366/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area710 sq ft (66 m²)
    EPC dateJul 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Apr 2004

    £18,000

    18 Jun 1999

    £18,000

    Key Metrics

    Estimated valuation£24,174
    Value per sq ft / m²£34/sq ft (£366/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile0th 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

    More properties in NE8

    Streets in NE8

    Explore nearby