51 Rectory Place

    51, RECTORY PLACE, GATESHEAD, NE8 1XN

    This terraced freehold property on Rectory Place last sold in May 2015 for £76,000. Based on price growth in the NE8 district since then, its estimated current value is £93,896 — placing it in the 3rd percentile nationally and the 27th percentile within NE8. The property covers 101 m² (1,087 sq ft), giving an estimated value of £930 per m². The EPC rating is F, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,087 sq ft

    101 m²

    Last Sale Price

    £76,000

    May 2015

    Estimated Valuation

    £93,896

    Est. £/sq ft

    £86/sq ft

    £930/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialC
    Floor area1,087 sq ft (101 m²)
    EPC dateAug 2012
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 May 2015

    £76,000

    13 Apr 2005

    £87,500

    28 Nov 1997

    £28,500

    Key Metrics

    Estimated valuation£93,896
    Value per sq ft / m²£86/sq ft (£930/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile27th percentile
    National percentile3rd 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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