7 Seasons Courtyard Michaelmas Street

    7 SEASONS COURTYARD, MICHAELMAS STREET, GATESHEAD, NE8 2GP

    This terraced leasehold property on Michaelmas Street last sold in October 2020 for £200,000. Based on price growth in the NE8 district since then, its estimated current value is £241,837 — placing it in the 35th percentile nationally and the 89th percentile within NE8. The property covers 95 m² (1,023 sq ft), giving an estimated value of £2,546 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,023 sq ft

    95 m²

    Last Sale Price

    £200,000

    Oct 2020

    Estimated Valuation

    £241,837

    Est. £/sq ft

    £237/sq ft

    £2,546/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2013
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentC
    EPC potentialC
    Floor area1,023 sq ft (95 m²)
    EPC dateDec 2013
    WallsAverage thermal transmittance 0.32 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Oct 2020

    £200,000

    28 Mar 2014

    New build

    £177,995

    Key Metrics

    Estimated valuation£241,837
    Value per sq ft / m²£237/sq ft (£2,546/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile89th percentile
    National percentile35th 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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