40 Arkwright Street

    40, ARKWRIGHT STREET, GATESHEAD, NE8 4TY

    This flat/maisonette leasehold property on Arkwright Street last sold in September 2014 for £52,500. Based on price growth in the NE8 district since then, its estimated current value is £62,108 — placing it in the 0th percentile nationally and the 7th percentile within NE8. The property covers 53 m² (570 sq ft), giving an estimated value of £1,172 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £52,500

    Sept 2014

    Estimated Valuation

    £62,108

    Est. £/sq ft

    £109/sq ft

    £1,172/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area570 sq ft (53 m²)
    EPC dateOct 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Sept 2014

    £52,500

    10 May 2012

    £48,472

    17 Jan 2007

    £68,000

    23 Jan 2004

    £36,500

    Key Metrics

    Estimated valuation£62,108
    Value per sq ft / m²£109/sq ft (£1,172/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile7th percentile
    National percentile0th 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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