7 May Courtyard Shrove Pass

    7 MAY COURTYARD, SHROVE PASS, GATESHEAD, NE8 2GD

    This terraced leasehold property on Shrove Pass last sold in November 2022 for £187,000. Based on price growth in the NE8 district since then, its estimated current value is £222,084 — placing it in the 30th percentile nationally and the 84th percentile within NE8. The property covers 77 m² (829 sq ft), giving an estimated value of £2,884 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £187,000

    Nov 2022

    Estimated Valuation

    £222,084

    Est. £/sq ft

    £268/sq ft

    £2,884/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area829 sq ft (77 m²)
    EPC dateMar 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Nov 2022

    £187,000

    30 Oct 2020

    £158,000

    9 Jan 2015

    £130,000

    26 Jun 2008

    £145,000

    Key Metrics

    Estimated valuation£222,084
    Value per sq ft / m²£268/sq ft (£2,884/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile84th percentile
    National percentile30th 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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