294 Rectory Road

    294, RECTORY ROAD, GATESHEAD, NE8 4RP

    This flat/maisonette leasehold property on Rectory Road last sold in January 2022 for £82,000. Based on price growth in the NE8 district since then, its estimated current value is £80,873 — placing it in the 2nd percentile nationally and the 18th percentile within NE8. The property covers 77 m² (829 sq ft), giving an estimated value of £1,050 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £82,000

    Jan 2022

    Estimated Valuation

    £80,873

    Est. £/sq ft

    £98/sq ft

    £1,050/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area829 sq ft (77 m²)
    EPC dateAug 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jan 2022

    £82,000

    31 Jan 2019

    £73,000

    30 Mar 2006

    £84,000

    Key Metrics

    Estimated valuation£80,873
    Value per sq ft / m²£98/sq ft (£1,050/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile18th percentile
    National percentile2nd 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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