2 Summerfield Road

    2, SUMMERFIELD ROAD, GATESHEAD, NE9 5BD

    This semi-detached freehold property on Summerfield Road last sold in July 2017 for £264,000. Based on price growth in the NE9 district since then, its estimated current value is £318,692 — placing it in the 53rd percentile nationally and the 83rd percentile within NE9. The property covers 127 m² (1,367 sq ft), giving an estimated value of £2,509 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,367 sq ft

    127 m²

    Last Sale Price

    £264,000

    Jul 2017

    Estimated Valuation

    £318,692

    Est. £/sq ft

    £233/sq ft

    £2,509/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,367 sq ft (127 m²)
    EPC dateDec 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Jul 2017

    £264,000

    25 Aug 1995

    £60,000

    Key Metrics

    Estimated valuation£318,692
    Value per sq ft / m²£233/sq ft (£2,509/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile83rd percentile
    National percentile53rd 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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