3 May Courtyard Shrove Pass

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

    This terraced leasehold property on Shrove Pass last sold in February 2023 for £170,000. Based on price growth in the NE8 district since then, its estimated current value is £185,386 — placing it in the 21st percentile nationally and the 72nd percentile within NE8. The property covers 69 m² (743 sq ft), giving an estimated value of £2,687 per m². The EPC rating is C, with a potential rating of A.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £170,000

    Feb 2023

    Estimated Valuation

    £185,386

    Est. £/sq ft

    £250/sq ft

    £2,687/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialA
    Floor area743 sq ft (69 m²)
    EPC dateJun 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Feb 2023

    £170,000

    8 Jun 2017

    £145,000

    27 Jun 2008

    New build

    £154,495

    27 Jun 2008

    New build

    £146,770

    Key Metrics

    Estimated valuation£185,386
    Value per sq ft / m²£250/sq ft (£2,687/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile72nd percentile
    National percentile21st 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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