12 Richmond Terrace, Gateshead, NE8 1RN is a freehold terraced property built between 1900-1929. The property offers approximately 2,605 square feet of living space. In this location, properties of similar size usually have six bedrooms.

The estimated current market value of the property is £406,065 , which equates to approximately £156 per square foot. It was last sold on 1 Dec 2015 for £300,000. Since then, the value has increased by £106,065, representing a 35.4% increase, or approximately 3.5% per year.

The current estimated value of £406,065 is:

  • 88.1% higher than the average property price on Richmond Terrace
  • 42.0% higher than the average in the NE8 1RN postcode area
  • and 135.9% higher than the average price for Gateshead as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 26 September 2016, the property was recorded as owner-occupied.

View sold house prices in NE8 1RN

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
2605 sq ft
Tenure
Freehold
Price (estimate)
£406,065
Price Per sq ft (estimate)
£156
Bedroom Count (estimate)
6 bedrooms

EPC Summary

12 Richmond Terrace, Gateshead, Tyne And Wear, NE8 1RN has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 26 Sep 2016.

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 single glazed.

The previous EPC assessment was conducted on 29 Feb 2016. The rating of E is unchanged, though the energy efficiency score decreased by 18.9%.

Since the previous assessment, several changes were observed:

  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 90% 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
Roof room(s), no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 90% of fixed outlets
Very Good

Sale History

Today
£406,065
streetscan.co.uk estimate
+35 %
1 Dec 2015
£300,000
Leasehold
+252.9 %
8 Aug 1996
£85,000
Leasehold

Area Insights

Nearby Properties

10 Richmond Terrace, Gateshead, NE8 1RN
rooms: 5
size: 1485 sq ft
sale price: £150,000
sale date: 21 Apr 2016
7A Richmond Terrace, Gateshead, NE8 1RN
rooms: 3
size: 820 sq ft
sale price: £95,000
sale date: 22 Nov 2005
6 Richmond Terrace, Gateshead, NE8 1RN
rooms: 7
size: 2120 sq ft
sale price: £205,000
sale date: 16 Jun 2015
3 Richmond Terrace, Gateshead, NE8 1RN
rooms: 11
size: 2325 sq ft
sale price: £235,000
sale date: 26 Mar 2010
2 Richmond Terrace, Gateshead, NE8 1RN
rooms: 11
size: 2766 sq ft
sale price: £360,000
sale date: 20 Mar 2020

Data Sources

The property at 12 Richmond Terrace, Gateshead, NE8 1RN appears two times in the Land Registry records, with the latest transaction recorded on 1 Dec 2015. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Sep 2016. 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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