4 Armstrong Street

    4, ARMSTRONG STREET, GATESHEAD, NE8 4ZS

    This terraced freehold property on Armstrong Street last sold in May 2017 for £166,650. Based on price growth in the NE8 district since then, its estimated current value is £207,538 — placing it in the 26th percentile nationally and the 80th percentile within NE8. The property covers 101 m² (1,087 sq ft), giving an estimated value of £2,055 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,087 sq ft

    101 m²

    Last Sale Price

    £166,650

    May 2017

    Estimated Valuation

    £207,538

    Est. £/sq ft

    £191/sq ft

    £2,055/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,087 sq ft (101 m²)
    EPC dateMay 2017
    WallsAverage thermal transmittance 0.18 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 May 2017

    New build

    £166,650

    Key Metrics

    Estimated valuation£207,538
    Value per sq ft / m²£191/sq ft (£2,055/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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