313 Rectory Road

    313, RECTORY ROAD, GATESHEAD, NE8 4RS

    This flat/maisonette leasehold property on Rectory Road last sold in March 2021 for £122,000. Based on price growth in the NE8 district since then, its estimated current value is £138,046 — placing it in the 10th percentile nationally and the 52nd percentile within NE8. The property covers 115 m² (1,238 sq ft), giving an estimated value of £1,200 per m². The EPC rating is F, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,238 sq ft

    115 m²

    Last Sale Price

    £122,000

    Mar 2021

    Estimated Valuation

    £138,046

    Est. £/sq ft

    £111/sq ft

    £1,200/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialD
    Floor area1,238 sq ft (115 m²)
    EPC dateMay 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    12 Mar 2021

    £122,000

    7 Feb 2014

    £103,000

    10 Sept 2001

    £19,250

    2 Jun 2000

    £13,000

    Key Metrics

    Estimated valuation£138,046
    Value per sq ft / m²£111/sq ft (£1,200/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile52nd percentile
    National percentile10th 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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