15 Armstrong Street

    15, ARMSTRONG STREET, GATESHEAD, NE8 4ZS

    This terraced leasehold property on Armstrong Street last sold in December 2024 for £64,750. Based on price growth in the NE8 district since then, its estimated current value is £71,559 — placing it in the 1st percentile nationally and the 11th percentile within NE8. The property covers 93 m² (1,001 sq ft), giving an estimated value of £769 per m². The EPC rating is B, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,001 sq ft

    93 m²

    Last Sale Price

    £64,750

    Dec 2024

    Estimated Valuation

    £71,559

    Est. £/sq ft

    £71/sq ft

    £769/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction age2013
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area1,001 sq ft (93 m²)
    EPC dateOct 2016
    WallsAverage thermal transmittance 0.17 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Dec 2024

    £64,750

    24 Mar 2017

    £52,500

    Key Metrics

    Estimated valuation£71,559
    Value per sq ft / m²£71/sq ft (£769/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile11th percentile
    National percentile1st 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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