255 Rectory Road

    255, RECTORY ROAD, GATESHEAD, GATESHEAD, NE8 4RS

    This flat/maisonette leasehold property on Rectory Road last sold in March 1996 for £31,500. Based on price growth in the NE8 district since then, its estimated current value is £181,983 — placing it in the 20th percentile nationally and the 71st percentile within NE8. The property covers 121 m² (1,302 sq ft), giving an estimated value of £1,504 per m². The EPC rating is E, with a potential rating of E.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,302 sq ft

    121 m²

    Last Sale Price

    £31,500

    Mar 1996

    Estimated Valuation

    £181,983

    Est. £/sq ft

    £140/sq ft

    £1,504/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialE
    Floor area1,302 sq ft (121 m²)
    EPC dateSept 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Mar 1996

    £31,500

    Key Metrics

    Estimated valuation£181,983
    Value per sq ft / m²£140/sq ft (£1,504/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile71st percentile
    National percentile20th 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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