283 Rectory Road

    283, RECTORY ROAD, GATESHEAD, NE8 4RS

    This flat/maisonette leasehold property on Rectory Road last sold in November 2013 for £86,500. Based on price growth in the NE8 district since then, its estimated current value is £111,415 — placing it in the 5th percentile nationally and the 38th percentile within NE8. The property covers 80 m² (861 sq ft), giving an estimated value of £1,393 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £86,500

    Nov 2013

    Estimated Valuation

    £111,415

    Est. £/sq ft

    £129/sq ft

    £1,393/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area861 sq ft (80 m²)
    EPC dateJul 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Nov 2013

    £86,500

    1 Dec 2005

    £82,400

    12 Aug 2002

    £29,950

    22 May 1998

    £28,000

    Key Metrics

    Estimated valuation£111,415
    Value per sq ft / m²£129/sq ft (£1,393/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile38th 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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