116 Westminster Street, Gateshead, NE8 4QH is a freehold terraced property built between 1900-1929. The property offers approximately 689 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £49,313 , which equates to approximately £72 per square foot. It was last sold on 14 Dec 2001 for £15,000. Since then, the value has increased by £34,313, representing a 228.8% increase, or approximately 9.5% per year.

The current estimated value of £49,313 is:

  • 39.8% lower than the average property price on Westminster Street
  • 37.1% lower than the average in the NE8 4QH postcode area
  • and 72.1% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 24 February 2023, the property was recorded as owner-occupied.

View sold house prices in NE8 4QH

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
689 sq ft
Tenure
Freehold
Floor level
1st floor
Price (estimate)
£49,313
Price Per sq ft (estimate)
£72
Bedroom Count (estimate)
2 bedrooms

EPC Summary

116 Westminster Street, Gateshead, Tyne And Wear, NE8 4QH has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 24 Feb 2023.

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 8 Oct 2011. The rating of D remains the same, but the energy efficiency score improved by 8.3%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 250 mm loft insulation, improving energy efficiency from average to good.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 86% of fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 86% of fixed outlets
Very Good

Compared to NE8 4QH

33 rd / 36
Price Rank
37% lower than average
12 th / 14
Size Rank
11% smaller than average
13 th / 14
Price Per Sq FT Rank
29% lower than average

Compared to other properties in NE8 4QH , this flat's estimated value ranks 33th out of 36. Based on price per square foot, it ranks 13th out of 14 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 12th out of 14 properties in its postcode area.

Sale History

Today
£49,313
streetscan.co.uk estimate
+229 %
14 Dec 2001
£15,000
Leasehold

Area Insights

Similar Properties Sold Nearby

140 Westminster Street, Gateshead, NE8 4QH
rooms: 4
size: 688 sq ft
sale price: £62,000
sale date: 10 Jun 2005
136 Westminster Street, Gateshead, NE8 4QH
rooms: 4
size: 738 sq ft
sale price: £70,000
sale date: 9 Feb 2004
110 Westminster Street, Gateshead, NE8 4QH
rooms: 3
size: 652 sq ft
sale price: £85,000
sale date: 5 Dec 2003
100 Westminster Street, Gateshead, NE8 4QH
rooms: 5
size: 764 sq ft
sale price: £23,000
sale date: 29 Jul 1999
59 Westminster Street, Gateshead, NE8 4QE
rooms: 4
size: 721 sq ft
sale price: £72,000
sale date: 5 Sep 2007

Data Sources

The property at 116 Westminster Street, Gateshead, Tyne And Wear, NE8 4QH appears once in the Land Registry records, with the transaction recorded on 14 Dec 2001. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Feb 2023. 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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