241 Rectory Road, Gateshead, NE8 4RS is a leasehold other property built between 1900-1929. The property offers approximately 829 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £92,755 , which equates to approximately £112 per square foot. It was last sold on 20 Mar 2023 for £90,000. Since then, the value has increased by £2,755, representing a 3.1% increase, or approximately 1.1% per year.

The current estimated value of £92,755 is:

  • 13.1% lower than the average property price on Rectory Road
  • 7.1% lower than the average in the NE8 4RS postcode area
  • and 47.5% lower than the average price for Gateshead as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 11 August 2022, the property was recorded as owner-occupied.

View sold house prices in NE8 4RS

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
829 sq ft
Tenure
Leasehold
Price (estimate)
£92,755
Price Per sq ft (estimate)
£112
Bedroom Count (estimate)
2 bedrooms

EPC Summary

241 Rectory Road, Gateshead, Tyne And Wear, NE8 4RS has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 11 Aug 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 have partial double glazing.

The previous EPC assessment was conducted on 22 Jun 2010, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 6.8%.

Since the previous assessment, several changes were observed:

  • The windows were upgraded from some double glazing to partial double glazing.
  • The lighting was updated from low energy lighting in 17% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Partial double glazing
Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE8 4RS

12 th / 39
Price Rank
7% lower than average
28 th / 35
Size Rank
20% smaller than average
5 th / 35
Price Per Sq FT Rank
16% higher than average

Compared to other properties in NE8 4RS , this flat's estimated value ranks 12th out of 39. Based on price per square foot, it ranks 5th out of 35 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 28th out of 35 properties in its postcode area.

Sale History

Today
£92,755
streetscan.co.uk estimate
+3 %
20 Mar 2023
£90,000
Leasehold
-13.5 %
21 Apr 2017
£104,000
Leasehold
+36.8 %
23 Jun 2006
£76,000
Leasehold
-18.3 %
27 May 2005
£93,000
Leasehold
0 %
27 May 2005
£93,000
Leasehold
+45.3 %
12 Dec 2003
£64,000
Leasehold
+137 %
28 Feb 2003
£27,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 775 sq ft
sale price: £200,000
sale date: 17 May 2022
rooms: 4
size: 850 sq ft
sale price: £67,000
sale date: 16 Sep 2016

Data Sources

The property at 241 Rectory Road, Gateshead, NE8 4RS appears seven times in the Land Registry records, with the latest transaction recorded on 20 Mar 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Aug 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.