18 Chaucer Close, Gateshead, NE8 3NG is a leasehold flat built between 1991-1995. The property offers approximately 603 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 £100,145 , which equates to approximately £166 per square foot. It was last sold on 11 Mar 2016 for £82,000. Since then, the value has increased by £18,145, representing a 22.1% increase, or approximately 2.3% per year.

The current estimated value of £100,145 is:

  • 32.3% lower than the average property price on Chaucer Close
  • 28.3% lower than the average in the NE8 3NG postcode area
  • and 43.3% lower than the average price for Gateshead as a whole

View sold house prices in NE8 3NG

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
603 sq ft
Tenure
Leasehold
Price (estimate)
£100,145
Price Per sq ft (estimate)
£166
Bedroom Count (estimate)
1 bedroom

EPC Summary

18 Chaucer Close, Gateshead, Tyne And Wear, NE8 3NG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 27 Jan 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.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to NE8 3NG

49 th / 50
Price Rank
28% lower than average
18 th / 34
Size Rank
11% smaller than average
34 th / 34
Price Per Sq FT Rank
20% lower than average

Compared to other properties in NE8 3NG , this flat's estimated value ranks 49th out of 50. Based on price per square foot, it ranks 34th out of 34 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 18th out of 34 properties in its postcode area.

Sale History

Today
£100,145
streetscan.co.uk estimate
+22 %
11 Mar 2016
£82,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 603 sq ft
sale price: £90,000
sale date: 30 Jan 2024
rooms: 3
size: 603 sq ft
sale price: £95,000
sale date: 16 Dec 2022
rooms: 3
size: 560 sq ft
sale price: £100,000
sale date: 5 Aug 2022
rooms: 3
size: 646 sq ft
sale price: £102,000
sale date: 13 May 2022
rooms: 3
size: 614 sq ft
sale price: £80,000
sale date: 30 Mar 2022

Data Sources

The property at 18 Chaucer Close, Gateshead, Tyne And Wear, NE8 3NG appears once in the Land Registry records, with the transaction recorded on 11 Mar 2016. It also has a single Energy Performance Certificate (EPC) from 27 Jan 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.