15 Windmill Way

    15, WINDMILL WAY, GATESHEAD, NE8 1PJ

    This terraced freehold property on Windmill Way last sold in January 2023 for £169,500. Based on price growth in the NE8 district since then, its estimated current value is £184,841 — placing it in the 21st percentile nationally and the 72nd percentile within NE8. The property covers 53 m² (570 sq ft), giving an estimated value of £3,488 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £169,500

    Jan 2023

    Estimated Valuation

    £184,841

    Est. £/sq ft

    £324/sq ft

    £3,488/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area570 sq ft (53 m²)
    EPC dateJun 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Jan 2023

    £169,500

    24 Aug 2007

    £154,500

    Key Metrics

    Estimated valuation£184,841
    Value per sq ft / m²£324/sq ft (£3,488/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile72nd percentile
    National percentile21st 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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