291 Rectory Road

    291, RECTORY ROAD, GATESHEAD, NE8 4RS

    This flat/maisonette leasehold property on Rectory Road last sold in November 2024 for £122,000. Based on price growth in the NE8 district since then, its estimated current value is £127,904 — placing it in the 8th percentile nationally and the 46th percentile within NE8. The property covers 78 m² (840 sq ft), giving an estimated value of £1,640 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £122,000

    Nov 2024

    Estimated Valuation

    £127,904

    Est. £/sq ft

    £152/sq ft

    £1,640/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area840 sq ft (78 m²)
    EPC dateJun 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Nov 2024

    £122,000

    26 Oct 2020

    £103,000

    17 Sept 2018

    £91,500

    9 Mar 2015

    £82,000

    5 Jan 2004

    £72,000

    Key Metrics

    Estimated valuation£127,904
    Value per sq ft / m²£152/sq ft (£1,640/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile46th percentile
    National percentile8th 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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