16 Watt Street, Gateshead, NE8 4TU is a leasehold flat built between 1900-1929. The property offers approximately 710 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £49,200 , which equates to approximately £69 per square foot. It was last sold on 15 Mar 1996 for £13,250. Since then, the value has increased by £35,950, representing a 271.3% increase, or approximately 9.1% per year.

The current estimated value of £49,200 is:

  • 34.1% lower than the average property price on Watt Street
  • 36.5% lower than the average in the NE8 4TU postcode area
  • and 72.1% lower than the average price for Gateshead as a whole

View sold house prices in NE8 4TU

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
710 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£49,200
Price Per sq ft (estimate)
£69
Bedroom Count (estimate)
2 bedrooms

EPC Summary

16 Watt Street, Gateshead, Tyne And Wear, NE8 4TU has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 16 Feb 2015.

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.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 50 mm loft insulation
Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to NE8 4TU

27 th / 28
Price Rank
37% lower than average
1 st / 24
Size Rank
17% bigger than average
24 th / 24
Price Per Sq FT Rank
46% lower than average

Compared to other properties in NE8 4TU , this flat's estimated value ranks 27th out of 28. Based on price per square foot, it ranks 24th out of 24 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 1st out of 24 properties in its postcode area.

Sale History

Today
£49,200
streetscan.co.uk estimate
+271 %
15 Mar 1996
£13,250
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 682 sq ft
sale price: £71,500
sale date: 12 May 2023
rooms: 3
size: 614 sq ft
sale price: £60,000
sale date: 7 Jul 2017
rooms: 3
size: 614 sq ft
sale price: £62,000
sale date: 19 May 2017
rooms: 4
size: 678 sq ft
sale price: £58,000
sale date: 13 Aug 2012
rooms: 2
size: 667 sq ft
sale price: £80,000
sale date: 23 Jan 2007

Data Sources

The property at 16 Watt Street, Gateshead, Tyne And Wear, NE8 4TU appears once in the Land Registry records, with the transaction recorded on 15 Mar 1996. It also has a single Energy Performance Certificate (EPC) from 16 Feb 2015. 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.