3 Advent Courtyard Teemers Drive

    3 ADVENT COURTYARD, TEEMERS DRIVE, GATESHEAD, NE8 2GL

    This flat/maisonette leasehold property on Teemers Drive last sold in May 2022 for £120,000. Based on price growth in the NE8 district since then, its estimated current value is £118,350 — placing it in the 6th percentile nationally and the 41st percentile within NE8. The property covers 55 m² (592 sq ft), giving an estimated value of £2,152 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £120,000

    May 2022

    Estimated Valuation

    £118,350

    Est. £/sq ft

    £200/sq ft

    £2,152/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot available
    Construction age2013
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentC
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateFeb 2015
    WallsAverage thermal transmittance 0.36 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 May 2022

    £120,000

    27 Nov 2015

    New build

    £113,495

    Key Metrics

    Estimated valuation£118,350
    Value per sq ft / m²£200/sq ft (£2,152/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile41st percentile
    National percentile6th 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