181 Rectory Road, Gateshead, NE8 4RQ is a freehold flat built between 1900-1929. The property offers approximately 1,119 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £75,547 , which equates to approximately £67 per square foot. It was last sold on 24 Feb 2004 for £53,500. Since then, the value has increased by £22,047, representing a 41.2% increase, or approximately 1.9% per year.

The current estimated value of £75,547 is:

  • 29.6% lower than the average property price on Rectory Road
  • 18.5% lower than the average in the NE8 4RQ postcode area
  • and 56.1% lower than the average price for Gateshead as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 30 January 2024, the property was recorded as rented.

View sold house prices in NE8 4RQ

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
1119 sq ft
Tenure
Freehold
Floor level
1st floor
Price (estimate)
£75,547
Price Per sq ft (estimate)
£67
Bedroom Count (estimate)
4 bedrooms

EPC Summary

181 Rectory Road, Gateshead, Tyne And Wear, NE8 4RQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 30 Jan 2024.

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 4 Feb 2015, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 13.1%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 300 mm loft insulation to pitched, 400+ mm loft insulation, with no change in energy efficiency (very good).
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to solid brick, with internal insulation, improving energy efficiency from poor to good.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 400+ mm loft insulation
Very Good
Walls
Solid brick, with internal insulation
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE8 4RQ

15 th / 27
Price Rank
19% lower than average
9 th / 24
Size Rank
12% bigger than average
18 th / 24
Price Per Sq FT Rank
27% lower than average

Compared to other properties in NE8 4RQ , this flat's estimated value ranks 15th out of 27. Based on price per square foot, it ranks 18th 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 9th out of 24 properties in its postcode area.

Sale History

Today
£75,547
streetscan.co.uk estimate
+41 %
24 Feb 2004
£53,500
Leasehold
+87.7 %
28 Nov 2003
£28,500
Leasehold
-14.9 %
23 Aug 2002
£33,500
Leasehold
+28.8 %
10 Jul 1997
£26,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1238 sq ft
sale price: £78,500
sale date: 23 Mar 2022
rooms: 5
size: 1087 sq ft
sale price: £55,000
sale date: 13 Sep 2021
rooms: 5
size: 1195 sq ft
sale price: £93,500
sale date: 28 Jul 2014
rooms: 5
size: 1119 sq ft
sale price: £51,000
sale date: 14 Aug 2009
rooms: 3
size: 1098 sq ft
sale price: £90,000
sale date: 28 Sep 2004

Data Sources

The property at 181 Rectory Road, Gateshead, NE8 4RQ appears four times in the Land Registry records, with the latest transaction recorded on 24 Feb 2004. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Jan 2024. 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.