1 Princess Street, Pelaw, Gateshead, NE10 0QT is a freehold flat built between 1900-1929. The property offers approximately 624 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £70,787 , which equates to approximately £113 per square foot. It was last sold on 5 Feb 2020 for £60,000. Since then, the value has increased by £10,787, representing a 18.0% increase, or approximately 3.1% per year.

The current estimated value of £70,787 is:

  • 14.1% lower than the average property price on Princess Street
  • 5.1% lower than the average in the NE10 0QT postcode area
  • and 58.9% lower than the average price for Gateshead as a whole

View sold house prices in NE10 0QT

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
624 sq ft
Tenure
Freehold
Price (estimate)
£70,787
Price Per sq ft (estimate)
£113
Bedroom Count (estimate)
1 bedroom

EPC Summary

1 Princess Street, Pelaw, Gateshead, Tyne And Wear, NE10 0QT has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 20 May 2019.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows have some double glazing.

The previous EPC assessment was conducted on 5 May 2009. The rating of D remains the same, but the energy efficiency score improved by 5%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinderstat to from main system, with its energy efficiency improving from average to good.
  • The windows were upgraded from single glazed to some double glazing.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Some double glazing
Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE10 0QT

12 th / 24
Price Rank
5% lower than average
19 th / 22
Size Rank
10% smaller than average
6 th / 22
Price Per Sq FT Rank
6% higher than average

Compared to other properties in NE10 0QT , this flat's estimated value ranks 12th out of 24. Based on price per square foot, it ranks 6th out of 22 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 19th out of 22 properties in its postcode area.

Sale History

Today
£70,787
streetscan.co.uk estimate
+18 %
5 Feb 2020
£60,000
Leasehold
+23.7 %
19 Dec 2003
£48,500
Leasehold
+73.2 %
29 May 1998
£28,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 646 sq ft
sale price: £65,000
sale date: 2 Dec 2022
rooms: 3
size: 686 sq ft
sale price: £76,050
sale date: 14 Oct 2022
rooms: 4
size: 689 sq ft
sale price: £60,000
sale date: 5 Feb 2020
rooms: 3
size: 657 sq ft
sale price: £50,000
sale date: 10 Mar 2016
rooms: 4
size: 674 sq ft
sale price: £65,500
sale date: 20 Jan 2015

Data Sources

The property at 1 Princess Street, Pelaw, Gateshead, NE10 0QT appears three times in the Land Registry records, with the latest transaction recorded on 5 Feb 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 May 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.