251 Rectory Road

    251, RECTORY ROAD, GATESHEAD, NE8 4RS

    This terraced leasehold property on Rectory Road last sold in September 2023 for £165,000. Based on price growth in the NE8 district since then, its estimated current value is £179,933 — placing it in the 19th percentile nationally and the 70th percentile within NE8. The property covers 133 m² (1,432 sq ft), giving an estimated value of £1,353 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,432 sq ft

    133 m²

    Last Sale Price

    £165,000

    Sept 2023

    Estimated Valuation

    £179,933

    Est. £/sq ft

    £126/sq ft

    £1,353/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,432 sq ft (133 m²)
    EPC dateAug 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Sept 2023

    £165,000

    31 May 2013

    £110,000

    21 Nov 2008

    £123,000

    30 Aug 2007

    £105,000

    Key Metrics

    Estimated valuation£179,933
    Value per sq ft / m²£126/sq ft (£1,353/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile70th percentile
    National percentile19th 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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