7 West Park Road

    7, WEST PARK ROAD, GATESHEAD, NE8 4SP

    This terraced freehold property on West Park Road last sold in February 2021 for £327,000. Based on price growth in the NE8 district since then, its estimated current value is £408,609 — placing it in the 69th percentile nationally and the 99th percentile within NE8. The property covers 172 m² (1,851 sq ft), giving an estimated value of £2,376 per m². The EPC rating is G, with a potential rating of D.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,851 sq ft

    172 m²

    Last Sale Price

    £327,000

    Feb 2021

    Estimated Valuation

    £408,609

    Est. £/sq ft

    £221/sq ft

    £2,376/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelelectricity (not community)
    EPC currentG
    EPC potentialD
    Floor area1,851 sq ft (172 m²)
    EPC dateMay 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    26 Feb 2021

    £327,000

    26 Apr 2013

    £175,000

    Key Metrics

    Estimated valuation£408,609
    Value per sq ft / m²£221/sq ft (£2,376/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile99th percentile
    National percentile69th 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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