23, The Stephenson North Side, Gateshead, NE8 2BF is a leasehold flat built between 2003-2006. The property offers approximately 721 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 £131,198 , which equates to approximately £182 per square foot. It was last sold on 1 Jul 2005 for £116,000. Since then, the value has increased by £15,198, representing a 13.1% increase, or approximately 0.6% per year.

The current estimated value of £131,198 is:

  • 20.2% lower than the average property price on North Side
  • 6.2% lower than the average in the NE8 2BF postcode area
  • and 25.7% 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 29 May 2024, the property was recorded as rented.

View sold house prices in NE8 2BF

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
721 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£131,198
Price Per sq ft (estimate)
£182
Bedroom Count (estimate)
2 bedrooms

EPC Summary

23, The Stephenson North Side, Gateshead, Tyne And Wear, NE8 2BF has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 29 May 2024.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 8 Dec 2011, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 10.3%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was changed from low energy lighting in 33% of fixed outlets to low energy lighting in 43% of fixed outlets, with no change in efficiency (average).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 43% of fixed outlets
Average

Compared to NE8 2BF

26 th / 32
Price Rank
6% lower than average
2 nd / 29
Size Rank
11% bigger than average
27 th / 29
Price Per Sq FT Rank
16% lower than average

Compared to other properties in NE8 2BF , this flat's estimated value ranks 26th out of 32. Based on price per square foot, it ranks 27th out of 29 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 2nd out of 29 properties in its postcode area.

Sale History

Today
£131,198
streetscan.co.uk estimate
+13 %
1 Jul 2005
£116,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 646 sq ft
sale price: £156,000
sale date: 6 Dec 2024
rooms: 3
size: 634 sq ft
sale price: £137,000
sale date: 9 Aug 2023
rooms: 2
size: 689 sq ft
sale price: £139,950
sale date: 31 May 2023
rooms: 3
size: 678 sq ft
sale price: £115,000
sale date: 19 May 2023
rooms: 3
size: 721 sq ft
sale price: £148,000
sale date: 10 Feb 2023

Data Sources

The property at 23, The Stephenson North Side, Gateshead, Tyne And Wear, NE8 2BF appears once in the Land Registry records, with the transaction recorded on 1 Jul 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 May 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.