5 June Courtyard Spring Street

    5 JUNE COURTYARD, SPRING STREET, GATESHEAD, NE8 2DG

    This flat/maisonette leasehold property on Spring Street last sold in November 2017 for £132,495. Based on price growth in the NE8 district since then, its estimated current value is £156,758 — placing it in the 14th percentile nationally and the 60th percentile within NE8. The property covers 65 m² (700 sq ft), giving an estimated value of £2,412 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £132,495

    Nov 2017

    Estimated Valuation

    £156,758

    Est. £/sq ft

    £224/sq ft

    £2,412/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area700 sq ft (65 m²)
    EPC dateJul 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Nov 2017

    £132,495

    5 Oct 2011

    £125,000

    22 Jun 2007

    £148,000

    Key Metrics

    Estimated valuation£156,758
    Value per sq ft / m²£224/sq ft (£2,412/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile60th percentile
    National percentile14th 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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