387 Old Durham Road

    387, OLD DURHAM ROAD, GATESHEAD, NE9 5LB

    This flat/maisonette leasehold property on Old Durham Road last sold in August 2022 for £80,000. Based on price growth in the NE9 district since then, its estimated current value is £77,022 — placing it in the 1st percentile nationally and the 5th percentile within NE9. The property covers 55 m² (592 sq ft), giving an estimated value of £1,400 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £80,000

    Aug 2022

    Estimated Valuation

    £77,022

    Est. £/sq ft

    £130/sq ft

    £1,400/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateMay 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Aug 2022

    £80,000

    2 Dec 2016

    £69,950

    Key Metrics

    Estimated valuation£77,022
    Value per sq ft / m²£130/sq ft (£1,400/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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