234 Rectory Road

    234, RECTORY ROAD, GATESHEAD, NE8 4RP

    This flat/maisonette leasehold property on Rectory Road last sold in August 2022 for £108,000. Based on price growth in the NE8 district since then, its estimated current value is £106,515 — placing it in the 5th percentile nationally and the 35th percentile within NE8. The property covers 72 m² (775 sq ft), giving an estimated value of £1,479 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £108,000

    Aug 2022

    Estimated Valuation

    £106,515

    Est. £/sq ft

    £137/sq ft

    £1,479/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area775 sq ft (72 m²)
    EPC dateAug 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Aug 2022

    £108,000

    24 Aug 2004

    £57,000

    Key Metrics

    Estimated valuation£106,515
    Value per sq ft / m²£137/sq ft (£1,479/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile35th percentile
    National percentile5th 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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