2 Ferndale Terrace

    2, FERNDALE TERRACE, GATESHEAD, NE9 7RH

    This flat/maisonette freehold property on Ferndale Terrace last sold in August 2023 for £156,000. Based on price growth in the NE9 district since then, its estimated current value is £156,539 — placing it in the 14th percentile nationally and the 38th percentile within NE9. The property covers 86 m² (926 sq ft), giving an estimated value of £1,820 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £156,000

    Aug 2023

    Estimated Valuation

    £156,539

    Est. £/sq ft

    £169/sq ft

    £1,820/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area926 sq ft (86 m²)
    EPC dateMay 2023
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Aug 2023

    £156,000

    15 Feb 2019

    £129,950

    21 Jul 2006

    £112,500

    Key Metrics

    Estimated valuation£156,539
    Value per sq ft / m²£169/sq ft (£1,820/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile38th percentile
    National percentile14th 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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