124 Chaucer Close, Gateshead, NE8 3NQ is a leasehold flat built between 1991-1995. The property offers approximately 560 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £108,498 , which equates to approximately £194 per square foot. It was last sold on 21 Sep 2018 for £95,500. Since then, the value has increased by £12,998, representing a 13.6% increase, or approximately 1.9% per year.

The current estimated value of £108,498 is:

  • 26.7% lower than the average property price on Chaucer Close
  • 30.3% lower than the average in the NE8 3NQ postcode area
  • and 38.5% lower than the average price for Gateshead as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. 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 3 October 2022, the property was recorded as owner-occupied.

View sold house prices in NE8 3NQ

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
560 sq ft
Tenure
Leasehold
Price (estimate)
£108,498
Price Per sq ft (estimate)
£194
Bedroom Count (estimate)
1 bedroom

EPC Summary

124 Chaucer Close, Gateshead, Tyne And Wear, NE8 3NQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 3 Oct 2022.

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 3 Aug 2010. The rating of C is unchanged, though the energy efficiency score decreased by 1.4%.

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 energy efficiency improving from average to good, while the system remained as from main system.
  • The lighting was updated from low energy lighting in 83% of fixed outlets to low energy lighting in 50% of fixed outlets, with efficiency changing from very good 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
Good
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to NE8 3NQ

54 th / 60
Price Rank
30% lower than average
33 rd / 37
Size Rank
20% smaller than average
25 th / 37
Price Per Sq FT Rank
13% lower than average

Compared to other properties in NE8 3NQ , this flat's estimated value ranks 54th out of 60. Based on price per square foot, it ranks 25th out of 37 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 33th out of 37 properties in its postcode area.

Sale History

Today
£108,498
streetscan.co.uk estimate
+14 %
21 Sep 2018
£95,500
Leasehold
+2.7 %
5 Nov 2010
£92,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 603 sq ft
sale price: £99,750
sale date: 28 Feb 2025
rooms: 3
size: 603 sq ft
sale price: £89,000
sale date: 22 Aug 2024
rooms: 3
size: 603 sq ft
sale price: £85,000
sale date: 23 Jan 2024
rooms: 3
size: 614 sq ft
sale price: £90,000
sale date: 16 Dec 2022
rooms: 3
size: 635 sq ft
sale price: £92,500
sale date: 1 Jul 2022

Data Sources

The property at 124 Chaucer Close, Gateshead, NE8 3NQ appears two times in the Land Registry records, with the latest transaction recorded on 21 Sep 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Oct 2022. 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.