2 Peterborough Close

    2, PETERBOROUGH CLOSE, GATESHEAD, NE8 1NL

    This terraced freehold property on Peterborough Close last sold in February 2025 for £140,000. Based on price growth in the NE8 district since then, its estimated current value is £140,000 — placing it in the 10th percentile nationally and the 53rd percentile within NE8. The property covers 85 m² (915 sq ft), giving an estimated value of £1,647 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £140,000

    Feb 2025

    Estimated Valuation

    £140,000

    Est. £/sq ft

    £153/sq ft

    £1,647/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area915 sq ft (85 m²)
    EPC dateJun 2024
    WallsCavity wall, filled cavity
    HeatingRoom heaters, electric

    Transaction History

    21 Feb 2025

    £140,000

    Key Metrics

    Estimated valuation£140,000
    Value per sq ft / m²£153/sq ft (£1,647/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile53rd percentile
    National percentile10th 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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