259 Victoria Road

    259, VICTORIA ROAD, GATESHEAD, GATESHEAD, NE8 4XT

    This terraced freehold property on Victoria Road last sold in November 2008 for £110,000. Based on price growth in the NE8 district since then, its estimated current value is £152,010 — placing it in the 13th percentile nationally and the 58th percentile within NE8. The property covers 75 m² (807 sq ft), giving an estimated value of £2,027 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £110,000

    Nov 2008

    Estimated Valuation

    £152,010

    Est. £/sq ft

    £188/sq ft

    £2,027/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area807 sq ft (75 m²)
    EPC dateJul 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Nov 2008

    £110,000

    Key Metrics

    Estimated valuation£152,010
    Value per sq ft / m²£188/sq ft (£2,027/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile58th percentile
    National percentile13th 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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