1 Village Heights, Gateshead, NE8 1PW is a leasehold flat built between 1996-2002. The property offers approximately 775 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £138,439 , which equates to approximately £179 per square foot. It was last sold on 5 Mar 2010 for £115,000. Since then, the value has increased by £23,439, representing a 20.4% increase, or approximately 1.3% per year.

The current estimated value of £138,439 is:

  • 28.8% lower than the average property price on Village Heights
  • 28.1% lower than the average in the NE8 1PW postcode area
  • and 21.6% lower than the average price for Gateshead as a whole

View sold house prices in NE8 1PW

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
775 sq ft
Tenure
Leasehold
Price (estimate)
£138,439
Price Per sq ft (estimate)
£179
Bedroom Count (estimate)
2 bedrooms

EPC Summary

1 Village Heights, Gateshead, Tyne And Wear, NE8 1PW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 27 Jul 2020.

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 are fully double glazed.

The previous EPC assessment was conducted on 1 Sep 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 21.3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water system was changed from electric immersion, standard tariff to from main system, with its energy efficiency improving from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to NE8 1PW

69 th / 79
Price Rank
28% lower than average
37 th / 59
Size Rank
11% smaller than average
55 th / 59
Price Per Sq FT Rank
19% lower than average

Compared to other properties in NE8 1PW , this flat's estimated value ranks 69th out of 79. Based on price per square foot, it ranks 55th out of 59 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 37th out of 59 properties in its postcode area.

Sale History

Today
£138,439
streetscan.co.uk estimate
+20 %
5 Mar 2010
£115,000
Leasehold
-2.1 %
27 Nov 2006
£117,500
Leasehold

Area Insights

Similar Properties Sold Nearby

8 Village Heights, Gateshead, NE8 1PW
rooms: 4
size: 797 sq ft
sale price: £145,000
sale date: 13 Sep 2023

Data Sources

The property at 1 Village Heights, Gateshead, NE8 1PW appears two times in the Land Registry records, with the latest transaction recorded on 5 Mar 2010. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Jul 2020. 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.
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