8 Heritage Close

    8, HERITAGE CLOSE, GATESHEAD, NE8 2PT

    This detached freehold property on Heritage Close last sold in December 2016 for £160,000. Based on price growth in the NE8 district since then, its estimated current value is £228,799 — placing it in the 32nd percentile nationally and the 86th percentile within NE8.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    Last Sale Price

    £160,000

    Dec 2016

    Estimated Valuation

    £228,799

    Est. £/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formNot available
    Construction ageNot available
    Habitable roomsNot available
    Main fuelNot available
    EPC currentNot available
    EPC potentialNot available
    Floor areaNot available
    EPC dateNot available
    WallsNot available
    HeatingNot available

    Transaction History

    21 Dec 2016

    £160,000

    28 May 2004

    New build

    £122,995

    Key Metrics

    Estimated valuation£228,799
    Value per sq ft / m²Not available
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile86th percentile
    National percentile32nd 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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