308 Victoria Road

    308, VICTORIA ROAD, GATESHEAD, NE8 4XT

    This semi-detached freehold property on Victoria Road last sold in September 2017 for £120,000. Based on price growth in the NE8 district since then, its estimated current value is £158,835 — placing it in the 14th percentile nationally and the 62nd percentile within NE8. The property covers 78 m² (840 sq ft), giving an estimated value of £2,036 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £120,000

    Sept 2017

    Estimated Valuation

    £158,835

    Est. £/sq ft

    £189/sq ft

    £2,036/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area840 sq ft (78 m²)
    EPC dateJun 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Sept 2017

    £120,000

    18 Jan 2008

    £113,500

    9 Dec 2005

    £98,500

    6 Jun 2005

    £85,000

    Key Metrics

    Estimated valuation£158,835
    Value per sq ft / m²£189/sq ft (£2,036/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile62nd percentile
    National percentile14th 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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