40 The Grainger North West Side

    40 THE GRAINGER, NORTH WEST SIDE, GATESHEAD, NE8 2BG

    This flat/maisonette leasehold property on North West Side last sold in March 2023 for £160,500. Based on price growth in the NE8 district since then, its estimated current value is £167,134 — placing it in the 16th percentile nationally and the 65th percentile within NE8. The property covers 54 m² (581 sq ft), giving an estimated value of £3,095 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £160,500

    Mar 2023

    Estimated Valuation

    £167,134

    Est. £/sq ft

    £288/sq ft

    £3,095/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area581 sq ft (54 m²)
    EPC dateMar 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    24 Mar 2023

    £160,500

    11 May 2018

    £144,000

    19 Dec 2007

    £149,000

    9 Sept 2005

    New build

    £139,000

    Key Metrics

    Estimated valuation£167,134
    Value per sq ft / m²£288/sq ft (£3,095/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile65th percentile
    National percentile16th 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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