16 Macadam Street

    16, MACADAM STREET, GATESHEAD, NE8 4TS

    This terraced freehold property on Macadam Street last sold in April 2022 for £178,000. Based on price growth in the NE8 district since then, its estimated current value is £211,395 — placing it in the 27th percentile nationally and the 81st percentile within NE8. The property covers 93 m² (1,001 sq ft), giving an estimated value of £2,273 per m². The EPC rating is B, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,001 sq ft

    93 m²

    Last Sale Price

    £178,000

    Apr 2022

    Estimated Valuation

    £211,395

    Est. £/sq ft

    £211/sq ft

    £2,273/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction age2013
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area1,001 sq ft (93 m²)
    EPC dateMar 2018
    WallsAverage thermal transmittance 0.17 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Apr 2022

    £178,000

    23 Apr 2018

    New build

    £161,995

    12 Aug 2008

    £68,250

    9 Sept 2003

    £31,000

    Key Metrics

    Estimated valuation£211,395
    Value per sq ft / m²£211/sq ft (£2,273/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile81st percentile
    National percentile27th 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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