12 Overhill Terrace, Gateshead, NE8 1TD is a leasehold flat built between 1900-1929. The property offers approximately 700 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 £67,979 , which equates to approximately £97 per square foot. It was last sold on 22 Mar 2007 for £64,950. Since then, the value has increased by £3,029, representing a 4.7% increase, or approximately 0.2% per year.

The current estimated value of £67,979 is:

  • 18.3% lower than the average property price on Overhill Terrace
  • 18.9% lower than the average in the NE8 1TD postcode area
  • and 61.5% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 8 March 2019, the property was recorded as owner-occupied.

View sold house prices in NE8 1TD

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
700 sq ft
Tenure
Leasehold
Price (estimate)
£67,979
Price Per sq ft (estimate)
£97
Bedroom Count (estimate)
2 bedrooms

EPC Summary

12 Overhill Terrace, Gateshead, Tyne And Wear, NE8 1TD has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 8 Mar 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 are fully double glazed.

The previous EPC assessment was conducted on 2 Jun 2015, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 51.1%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to sandstone or limestone, as built, no insulation (assumed), with no change in energy efficiency (very poor).
  • The lighting was updated from low energy lighting in 50% of fixed outlets to no low energy lighting, with efficiency changing from good to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Sandstone or limestone, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to NE8 1TD

18 th / 21
Price Rank
19% lower than average
13 th / 20
Size Rank
5% smaller than average
14 th / 20
Price Per Sq FT Rank
15% lower than average

Compared to other properties in NE8 1TD , this flat's estimated value ranks 18th out of 21. Based on price per square foot, it ranks 14th out of 20 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 13th out of 20 properties in its postcode area.

Sale History

Today
£67,979
streetscan.co.uk estimate
+5 %
22 Mar 2007
£64,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 667 sq ft
sale price: £117,000
sale date: 12 Jan 2022
rooms: 3
size: 721 sq ft
sale price: £73,500
sale date: 16 Mar 2021
rooms: 3
size: 743 sq ft
sale price: £68,500
sale date: 21 Mar 2018
rooms: 3
size: 700 sq ft
sale price: £57,000
sale date: 13 Feb 2017
rooms: 4
size: 732 sq ft
sale price: £58,500
sale date: 26 Apr 2016

Data Sources

The property at 12 Overhill Terrace, Gateshead, Tyne And Wear, NE8 1TD appears once in the Land Registry records, with the transaction recorded on 22 Mar 2007. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Mar 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.