16 Rectory Place, Gateshead, NE8 1XN is a leasehold terraced property built before 1900. The property offers approximately 883 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £89,288 , which equates to approximately £101 per square foot. It was last sold on 20 Mar 2008 for £71,500. Since then, the value has increased by £17,788, representing a 24.9% increase, or approximately 1.4% per year.

The current estimated value of £89,288 is:

  • 2.7% lower than the average property price on Rectory Place
  • 2.5% lower than the average in the NE8 1XN postcode area
  • and 49.4% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 2 June 2016, the property was recorded as owner-occupied.

View sold house prices in NE8 1XN

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
883 sq ft
Tenure
Leasehold
Price (estimate)
£89,288
Price Per sq ft (estimate)
£101
Bedroom Count (estimate)
3 bedrooms

EPC Summary

16 Rectory Place, Gateshead, Tyne And Wear, NE8 1XN has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 13 Jul 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 the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 2 Jun 2016. The rating of E remains the same, but the energy efficiency score improved by 2%.

Since the previous assessment, several changes were observed:

  • The wall energy efficiency changing from poor to very poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 67% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to NE8 1XN

9 th / 23
Price Rank
3% lower than average
8 th / 19
Size Rank
6% bigger than average
11 th / 19
Price Per Sq FT Rank
8% lower than average

Compared to other properties in NE8 1XN , this flat's estimated value ranks 9th out of 23. Based on price per square foot, it ranks 11th out of 19 properties. In terms of size, this home ranks 8th out of 19 properties in its postcode area.

Sale History

Today
£89,288
streetscan.co.uk estimate
+25 %
20 Mar 2008
£71,500
Leasehold

Area Insights

Nearby Properties

17 Rectory Place, Gateshead, NE8 1XN
rooms: 4
size: 1023 sq ft
sale price: £138,000
sale date: 11 Dec 2017
14 Rectory Place, Gateshead, NE8 1XN
rooms: 4
size: 710 sq ft
sale price: £12,500
sale date: 2 Jun 1997
13 Rectory Place, Gateshead, NE8 1XN
rooms: 4
size: 1098 sq ft
sale price: £70,000
sale date: 21 Oct 2022
20 Rectory Place, Gateshead, NE8 1XN
rooms: 2
size: 635 sq ft
sale price: £74,995
sale date: 3 Aug 2023
12 Rectory Place, Gateshead, NE8 1XN
rooms: 3
size: 678 sq ft
sale price: £50,000
sale date: 5 Mar 2014

Data Sources

The property at 16 Rectory Place, Gateshead, Tyne And Wear, NE8 1XN appears once in the Land Registry records, with the transaction recorded on 20 Mar 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Jul 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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