8 Advent Courtyard Teemers Drive

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

    This terraced leasehold property on Teemers Drive last sold in June 2016 for £190,000. Based on price growth in the NE8 district since then, its estimated current value is £245,027 — placing it in the 36th percentile nationally and the 90th percentile within NE8. The property covers 111 m² (1,195 sq ft), giving an estimated value of £2,207 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,195 sq ft

    111 m²

    Last Sale Price

    £190,000

    Jun 2016

    Estimated Valuation

    £245,027

    Est. £/sq ft

    £205/sq ft

    £2,207/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction age2013
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentC
    EPC potentialB
    Floor area1,195 sq ft (111 m²)
    EPC dateFeb 2015
    WallsAverage thermal transmittance 0.32 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Jun 2016

    New build

    £190,000

    Key Metrics

    Estimated valuation£245,027
    Value per sq ft / m²£205/sq ft (£2,207/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile90th percentile
    National percentile36th 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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