123 Durham Road

    123, DURHAM ROAD, GATESHEAD, NE8 4AQ

    This terraced freehold property on Durham Road last sold in June 2023 for £130,000. Based on price growth in the NE8 district since then, its estimated current value is £141,766 — placing it in the 11th percentile nationally and the 54th percentile within NE8. The property covers 69 m² (743 sq ft), giving an estimated value of £2,055 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £130,000

    Jun 2023

    Estimated Valuation

    £141,766

    Est. £/sq ft

    £191/sq ft

    £2,055/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area743 sq ft (69 m²)
    EPC dateAug 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Jun 2023

    £130,000

    31 Aug 2010

    £78,000

    23 Feb 2005

    £83,000

    7 Apr 2000

    £30,000

    7 Jun 1996

    £22,650

    Key Metrics

    Estimated valuation£141,766
    Value per sq ft / m²£191/sq ft (£2,055/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile54th percentile
    National percentile11th 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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