47 Windmill Way

    47, WINDMILL WAY, GATESHEAD, NE8 1PJ

    This flat/maisonette leasehold property on Windmill Way last sold in August 2024 for £121,000. Based on price growth in the NE8 district since then, its estimated current value is £126,856 — placing it in the 8th percentile nationally and the 46th percentile within NE8. The property covers 73 m² (786 sq ft), giving an estimated value of £1,738 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £121,000

    Aug 2024

    Estimated Valuation

    £126,856

    Est. £/sq ft

    £161/sq ft

    £1,738/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area786 sq ft (73 m²)
    EPC dateFeb 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Aug 2024

    £121,000

    19 Jan 2018

    £110,000

    4 Mar 2005

    £135,000

    11 Jul 2003

    New build

    £102,950

    Key Metrics

    Estimated valuation£126,856
    Value per sq ft / m²£161/sq ft (£1,738/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile46th percentile
    National percentile8th 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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