623 Durham Road

    623, DURHAM ROAD, GATESHEAD, NE9 5HA

    This flat/maisonette leasehold property on Durham Road last sold in March 2021 for £80,000. Based on price growth in the NE9 district since then, its estimated current value is £77,237 — placing it in the 1st percentile nationally and the 5th percentile within NE9. The property covers 62 m² (667 sq ft), giving an estimated value of £1,246 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £80,000

    Mar 2021

    Estimated Valuation

    £77,237

    Est. £/sq ft

    £116/sq ft

    £1,246/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area667 sq ft (62 m²)
    EPC dateJan 2020
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Mar 2021

    £80,000

    Key Metrics

    Estimated valuation£77,237
    Value per sq ft / m²£116/sq ft (£1,246/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile5th percentile
    National percentile1st 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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