42 Maxwell Street

    42, MAXWELL STREET, GATESHEAD, NE8 4TX

    This flat/maisonette leasehold property on Maxwell Street last sold in July 2022 for £90,500. Based on price growth in the NE8 district since then, its estimated current value is £89,256 — placing it in the 3rd percentile nationally and the 24th percentile within NE8. The property covers 74 m² (797 sq ft), giving an estimated value of £1,206 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    797 sq ft

    74 m²

    Last Sale Price

    £90,500

    Jul 2022

    Estimated Valuation

    £89,256

    Est. £/sq ft

    £112/sq ft

    £1,206/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area797 sq ft (74 m²)
    EPC dateJul 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Jul 2022

    £90,500

    6 Jul 2007

    £64,000

    8 Nov 2005

    £82,000

    14 Jan 2005

    £30,000

    1 Jun 2001

    £29,000

    Key Metrics

    Estimated valuation£89,256
    Value per sq ft / m²£112/sq ft (£1,206/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile24th percentile
    National percentile3rd 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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