1 West Park Road

    1, WEST PARK ROAD, GATESHEAD, NE8 4SP

    This terraced freehold property on West Park Road last sold in December 2015 for £200,000. Based on price growth in the NE8 district since then, its estimated current value is £247,095 — placing it in the 37th percentile nationally and the 90th percentile within NE8. The property covers 224 m² (2,411 sq ft), giving an estimated value of £1,103 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,411 sq ft

    224 m²

    Last Sale Price

    £200,000

    Dec 2015

    Estimated Valuation

    £247,095

    Est. £/sq ft

    £102/sq ft

    £1,103/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area2,411 sq ft (224 m²)
    EPC dateJul 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Dec 2015

    £200,000

    20 Dec 2001

    £90,000

    Key Metrics

    Estimated valuation£247,095
    Value per sq ft / m²£102/sq ft (£1,103/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile90th percentile
    National percentile37th 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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