3 Armstrong Street

    3, ARMSTRONG STREET, GATESHEAD, NE8 4ZS

    This terraced freehold property on Armstrong Street last sold in November 2016 for £159,295. Based on price growth in the NE8 district since then, its estimated current value is £205,430 — placing it in the 26th percentile nationally and the 80th percentile within NE8. The property covers 93 m² (1,001 sq ft), giving an estimated value of £2,209 per m². The EPC rating is B, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,001 sq ft

    93 m²

    Last Sale Price

    £159,295

    Nov 2016

    Estimated Valuation

    £205,430

    Est. £/sq ft

    £205/sq ft

    £2,209/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction age2013
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area1,001 sq ft (93 m²)
    EPC dateFeb 2017
    WallsAverage thermal transmittance 0.17 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Nov 2016

    New build

    £159,295

    Key Metrics

    Estimated valuation£205,430
    Value per sq ft / m²£205/sq ft (£2,209/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile80th percentile
    National percentile26th 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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