245 Victoria Road

    245, VICTORIA ROAD, GATESHEAD, GATESHEAD, NE8 4XT

    This semi-detached freehold property on Victoria Road last sold in June 2005 for £110,000. Based on price growth in the NE8 district since then, its estimated current value is £175,623 — placing it in the 18th percentile nationally and the 69th percentile within NE8. The property covers 72 m² (775 sq ft), giving an estimated value of £2,439 per m². The EPC rating is C, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £110,000

    Jun 2005

    Estimated Valuation

    £175,623

    Est. £/sq ft

    £227/sq ft

    £2,439/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area775 sq ft (72 m²)
    EPC dateJan 2026
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Jun 2005

    £110,000

    19 Jan 2004

    £84,000

    Key Metrics

    Estimated valuation£175,623
    Value per sq ft / m²£227/sq ft (£2,439/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile69th percentile
    National percentile18th 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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