20 Rectory Place

    20, RECTORY PLACE, GATESHEAD, NE8 1XN

    This flat/maisonette leasehold property on Rectory Place last sold in August 2023 for £74,995. Based on price growth in the NE8 district since then, its estimated current value is £78,095 — placing it in the 1st percentile nationally and the 16th percentile within NE8. The property covers 59 m² (635 sq ft), giving an estimated value of £1,324 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £74,995

    Aug 2023

    Estimated Valuation

    £78,095

    Est. £/sq ft

    £123/sq ft

    £1,324/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area635 sq ft (59 m²)
    EPC dateOct 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Aug 2023

    £74,995

    9 Jul 2014

    £70,000

    27 Sept 2007

    £62,000

    Key Metrics

    Estimated valuation£78,095
    Value per sq ft / m²£123/sq ft (£1,324/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile16th percentile
    National percentile1st 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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