5 Arkwright Street

    5, ARKWRIGHT STREET, GATESHEAD, GATESHEAD, NE8 4TY

    This flat/maisonette leasehold property on Arkwright Street last sold in February 2003 for £37,000. Based on price growth in the NE8 district since then, its estimated current value is £55,931 — placing it in the 0th percentile nationally and the 4th percentile within NE8. The property covers 80 m² (861 sq ft), giving an estimated value of £699 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £37,000

    Feb 2003

    Estimated Valuation

    £55,931

    Est. £/sq ft

    £65/sq ft

    £699/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area861 sq ft (80 m²)
    EPC dateApr 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Feb 2003

    £37,000

    24 May 1996

    £29,000

    Key Metrics

    Estimated valuation£55,931
    Value per sq ft / m²£65/sq ft (£699/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile4th 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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