1 Westminster Street, Gateshead, NE8 4QE is a freehold other property built before 1900. The property offers approximately 807 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £122,650 , which equates to approximately £152 per square foot. It was last sold on 26 Mar 2021 for £115,000. Since then, the value has increased by £7,650, representing a 6.7% increase, or approximately 1.4% per year.

The current estimated value of £122,650 is:

  • 49.8% higher than the average property price on Westminster Street
  • 17.5% higher than the average in the NE8 4QE postcode area
  • and 30.5% lower than the average price for Gateshead as a whole

View sold house prices in NE8 4QE

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
807 sq ft
Tenure
Freehold
Price (estimate)
£122,650
Price Per sq ft (estimate)
£152
Bedroom Count (estimate)
2 bedrooms

EPC Summary

1 Westminster Street, Gateshead, Tyne And Wear, NE8 4QE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 26 Nov 2015.

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 17 Apr 2014, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 34.5%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to solid brick, with external insulation, improving energy efficiency from very poor to good.
  • The lighting was changed from low energy lighting in 60% of fixed outlets to low energy lighting in 57% of fixed outlets, with no change in efficiency (good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, with external insulation
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 57% of fixed outlets
Good

Compared to NE8 4QE

17 th / 54
Price Rank
17% higher than average
15 th / 34
Size Rank
8% bigger than average
15 th / 34
Price Per Sq FT Rank
9% higher than average

Compared to other properties in NE8 4QE , this flat's estimated value ranks 17th out of 54. Based on price per square foot, it ranks 15th out of 34 properties. In terms of size, this home ranks 15th out of 34 properties in its postcode area.

Sale History

Today
£122,650
streetscan.co.uk estimate
+7 %
26 Mar 2021
£115,000
Leasehold
+130 %
6 Jan 2011
£50,000
Leasehold
+809.1 %
28 Feb 2001
£5,500
Leasehold

Area Insights

Nearby Properties

rooms: 4
size: 1528 sq ft
sale price: £170,000
sale date: 28 Mar 2007
rooms: 4
size: 764 sq ft
sale price: £50,000
sale date: 6 Jan 2011
rooms:
size: 947 sq ft
sale price: £148,995
sale date: 25 Aug 2020
rooms:
size: 1055 sq ft
sale price: £190,000
sale date: 30 Sep 2021
rooms:
size: 1055 sq ft
sale price: £183,995
sale date: 30 Sep 2020

Data Sources

The property at 1 Westminster Street, Gateshead, NE8 4QE appears three times in the Land Registry records, with the latest transaction recorded on 26 Mar 2021. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Nov 2015. 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.