16 Armstrong Street

    16, ARMSTRONG STREET, GATESHEAD, NE8 4ZS

    This terraced freehold property on Armstrong Street last sold in April 2023 for £185,000. Based on price growth in the NE8 district since then, its estimated current value is £201,744 — placing it in the 25th percentile nationally and the 78th percentile within NE8. The property covers 100 m² (1,076 sq ft), giving an estimated value of £2,017 per m². The EPC rating is B, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,076 sq ft

    100 m²

    Last Sale Price

    £185,000

    Apr 2023

    Estimated Valuation

    £201,744

    Est. £/sq ft

    £187/sq ft

    £2,017/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area1,076 sq ft (100 m²)
    EPC dateAug 2017
    WallsAverage thermal transmittance 0.18 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Apr 2023

    £185,000

    15 Sept 2017

    New build

    £174,950

    Key Metrics

    Estimated valuation£201,744
    Value per sq ft / m²£187/sq ft (£2,017/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile78th percentile
    National percentile25th 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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