387 Durham Road

    387, DURHAM ROAD, GATESHEAD, NE9 5AL

    This terraced freehold property on Durham Road last sold in February 2016 for £240,000. Based on price growth in the NE9 district since then, its estimated current value is £305,654 — placing it in the 50th percentile nationally and the 80th percentile within NE9. The property covers 108 m² (1,163 sq ft), giving an estimated value of £2,830 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,163 sq ft

    108 m²

    Last Sale Price

    £240,000

    Feb 2016

    Estimated Valuation

    £305,654

    Est. £/sq ft

    £263/sq ft

    £2,830/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,163 sq ft (108 m²)
    EPC dateAug 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Feb 2016

    £240,000

    Key Metrics

    Estimated valuation£305,654
    Value per sq ft / m²£263/sq ft (£2,830/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile80th percentile
    National percentile50th percentile

    District Context — NE9

    NE9 covers Gateshead and surrounding areas in Tyne and Wear, south of the River Tyne. It is a mixed residential district with a blend of urban and suburban character, offering good transport links and community amenities.

    Average Property Price - NE9

    £217,116

    17

    National percentile

    Average Net Household Income - NE9

    £34,891

    31

    National percentile

    10-Year Annualised Price Growth - NE9

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE9

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