16 Wallace Gardens

    16, WALLACE GARDENS, GATESHEAD, GATESHEAD, NE9 7BT

    This flat/maisonette leasehold property on Wallace Gardens last sold in September 2004 for £65,000. Based on price growth in the NE9 district since then, its estimated current value is £93,256 — placing it in the 3rd percentile nationally and the 10th percentile within NE9. The property covers 91 m² (980 sq ft), giving an estimated value of £1,025 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £65,000

    Sept 2004

    Estimated Valuation

    £93,256

    Est. £/sq ft

    £95/sq ft

    £1,025/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area980 sq ft (91 m²)
    EPC dateOct 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Sept 2004

    £65,000

    2 Apr 2004

    £36,000

    Key Metrics

    Estimated valuation£93,256
    Value per sq ft / m²£95/sq ft (£1,025/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile10th percentile
    National percentile3rd 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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