240 Rectory Road, Gateshead, NE8 4RP is a leasehold flat built between 1900-1929. The property offers approximately 1,227 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 £50,500 , which equates to approximately £41 per square foot. It was last sold on 22 Sep 1998 for £15,000. Since then, the value has increased by £35,500, representing a 236.7% increase, or approximately 8.7% per year.

The current estimated value of £50,500 is:

  • 52.7% lower than the average property price on Rectory Road
  • 51.0% lower than the average in the NE8 4RP postcode area
  • and 71.4% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 18 February 2022, the property was recorded as rented.

View sold house prices in NE8 4RP

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
1227 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£50,500
Price Per sq ft (estimate)
£41
Bedroom Count (estimate)
4 bedrooms

EPC Summary

240 Rectory Road, Gateshead, Tyne And Wear, NE8 4RP has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 18 Feb 2022.

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, no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 92% of fixed outlets
Very Good

Compared to NE8 4RP

36 th / 37
Price Rank
51% lower than average
15 th / 32
Size Rank
20% bigger than average
31 st / 32
Price Per Sq FT Rank
59% lower than average

Compared to other properties in NE8 4RP , this flat's estimated value ranks 36th out of 37. Based on price per square foot, it ranks 31th out of 32 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 15th out of 32 properties in its postcode area.

Sale History

Today
£50,500
streetscan.co.uk estimate
+237 %
22 Sep 1998
£15,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1238 sq ft
sale price: £140,000
sale date: 7 Feb 2025
rooms: 5
size: 1249 sq ft
sale price: £116,000
sale date: 31 Oct 2019
rooms: 5
size: 1249 sq ft
sale price: £102,250
sale date: 29 Sep 2015
rooms: 5
size: 1238 sq ft
sale price: £103,000
sale date: 3 Dec 2010
rooms: 7
size: 1335 sq ft
sale price: £68,000
sale date: 24 May 2004

Data Sources

The property at 240 Rectory Road, Gateshead, Tyne And Wear, NE8 4RP appears once in the Land Registry records, with the transaction recorded on 22 Sep 1998. It also has a single Energy Performance Certificate (EPC) from 18 Feb 2022. 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.