15 April Courtyard Spring Street

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

    This terraced leasehold property on Spring Street last sold in February 2018 for £133,000. Based on price growth in the NE8 district since then, its estimated current value is £161,736 — placing it in the 15th percentile nationally and the 63rd percentile within NE8. The property covers 61 m² (657 sq ft), giving an estimated value of £2,651 per m². The EPC rating is C, with a potential rating of A.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £133,000

    Feb 2018

    Estimated Valuation

    £161,736

    Est. £/sq ft

    £246/sq ft

    £2,651/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialA
    Floor area657 sq ft (61 m²)
    EPC dateApr 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Feb 2018

    £133,000

    11 Dec 2009

    New build

    £120,000

    Key Metrics

    Estimated valuation£161,736
    Value per sq ft / m²£246/sq ft (£2,651/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile63rd percentile
    National percentile15th 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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