34 Rayleigh Grove

    34, RAYLEIGH GROVE, GATESHEAD, GATESHEAD, NE8 4QQ

    This flat/maisonette freehold property on Rayleigh Grove last sold in May 2007 for £84,000. Based on price growth in the NE8 district since then, its estimated current value is £95,923 — placing it in the 3rd percentile nationally and the 29th percentile within NE8. The property covers 55 m² (592 sq ft), giving an estimated value of £1,744 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £84,000

    May 2007

    Estimated Valuation

    £95,923

    Est. £/sq ft

    £162/sq ft

    £1,744/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateDec 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 May 2007

    £84,000

    20 Sept 2002

    £19,950

    Key Metrics

    Estimated valuation£95,923
    Value per sq ft / m²£162/sq ft (£1,744/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile29th 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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