498 Old Durham Road

    498, OLD DURHAM ROAD, GATESHEAD, NE9 5DR

    This detached freehold property on Old Durham Road last sold in June 2021 for £333,500. Based on price growth in the NE9 district since then, its estimated current value is £442,235 — placing it in the 73rd percentile nationally and the 94th percentile within NE9. The property covers 135 m² (1,453 sq ft), giving an estimated value of £3,276 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,453 sq ft

    135 m²

    Last Sale Price

    £333,500

    Jun 2021

    Estimated Valuation

    £442,235

    Est. £/sq ft

    £304/sq ft

    £3,276/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,453 sq ft (135 m²)
    EPC dateAug 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jun 2021

    £333,500

    Key Metrics

    Estimated valuation£442,235
    Value per sq ft / m²£304/sq ft (£3,276/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile94th percentile
    National percentile73rd 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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