12 April Courtyard Spring Street

    12 APRIL COURTYARD, SPRING STREET, GATESHEAD, NE8 2DG

    This terraced leasehold property on Spring Street last sold in February 2020 for £190,000. Based on price growth in the NE8 district since then, its estimated current value is £229,745 — placing it in the 32nd percentile nationally and the 87th percentile within NE8. The property covers 112 m² (1,206 sq ft), giving an estimated value of £2,051 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,206 sq ft

    112 m²

    Last Sale Price

    £190,000

    Feb 2020

    Estimated Valuation

    £229,745

    Est. £/sq ft

    £191/sq ft

    £2,051/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,206 sq ft (112 m²)
    EPC dateNov 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Feb 2020

    £190,000

    23 Mar 2012

    £164,950

    27 Nov 2009

    £155,000

    Key Metrics

    Estimated valuation£229,745
    Value per sq ft / m²£191/sq ft (£2,051/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile87th percentile
    National percentile32nd 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

    More properties in NE8

    Streets in NE8

    Explore nearby