127 Fern Dene Road

    127, FERN DENE ROAD, GATESHEAD, NE8 4RU

    This flat/maisonette leasehold property on Fern Dene Road last sold in February 2024 for £85,000. Based on price growth in the NE8 district since then, its estimated current value is £89,113 — placing it in the 2nd percentile nationally and the 24th percentile within NE8. The property covers 61 m² (657 sq ft), giving an estimated value of £1,461 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £85,000

    Feb 2024

    Estimated Valuation

    £89,113

    Est. £/sq ft

    £136/sq ft

    £1,461/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area657 sq ft (61 m²)
    EPC dateApr 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Feb 2024

    £85,000

    31 Jul 2002

    £35,000

    30 May 1997

    £141,000

    Key Metrics

    Estimated valuation£89,113
    Value per sq ft / m²£136/sq ft (£1,461/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile24th 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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