256 Rectory Road

    256, RECTORY ROAD, GATESHEAD, NE8 4RP

    This flat/maisonette leasehold property on Rectory Road last sold in October 2021 for £145,000. Based on price growth in the NE8 district since then, its estimated current value is £164,071 — placing it in the 16th percentile nationally and the 64th percentile within NE8. The property covers 169 m² (1,819 sq ft), giving an estimated value of £971 per m². The EPC rating is E, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,819 sq ft

    169 m²

    Last Sale Price

    £145,000

    Oct 2021

    Estimated Valuation

    £164,071

    Est. £/sq ft

    £90/sq ft

    £971/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area1,819 sq ft (169 m²)
    EPC dateMar 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Oct 2021

    £145,000

    9 Jan 2020

    £130,650

    15 Jan 2015

    £129,000

    12 Dec 2007

    £92,000

    24 Mar 1997

    £34,999

    Key Metrics

    Estimated valuation£164,071
    Value per sq ft / m²£90/sq ft (£971/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile64th percentile
    National percentile16th 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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