40 Edison Gardens

    40, EDISON GARDENS, GATESHEAD, NE8 4SE

    This semi-detached freehold property on Edison Gardens last sold in September 2010 for £75,000. Based on price growth in the NE8 district since then, its estimated current value is £115,970 — placing it in the 6th percentile nationally and the 40th percentile within NE8. The property covers 73 m² (786 sq ft), giving an estimated value of £1,589 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £75,000

    Sept 2010

    Estimated Valuation

    £115,970

    Est. £/sq ft

    £148/sq ft

    £1,589/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area786 sq ft (73 m²)
    EPC dateFeb 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Sept 2010

    £75,000

    Key Metrics

    Estimated valuation£115,970
    Value per sq ft / m²£148/sq ft (£1,589/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile40th percentile
    National percentile6th 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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