553 Durham Road

    553, DURHAM ROAD, GATESHEAD, NE9 5EY

    This flat/maisonette leasehold property on Durham Road last sold in February 2025 for £125,000. Based on price growth in the NE9 district since then, its estimated current value is £125,000 — placing it in the 8th percentile nationally and the 24th percentile within NE9. The property covers 61 m² (657 sq ft), giving an estimated value of £2,049 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £125,000

    Feb 2025

    Estimated Valuation

    £125,000

    Est. £/sq ft

    £190/sq ft

    £2,049/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area657 sq ft (61 m²)
    EPC dateJun 2015
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Feb 2025

    £125,000

    28 Jun 2019

    £115,000

    23 Oct 2015

    £112,950

    18 Oct 1999

    £41,000

    12 Dec 1997

    £37,000

    9 Oct 1997

    £40,000

    Key Metrics

    Estimated valuation£125,000
    Value per sq ft / m²£190/sq ft (£2,049/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile24th percentile
    National percentile8th 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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