262 Rectory Road, Gateshead, NE8 4RP is a leasehold terraced property built between 1900-1929. The property offers approximately 700 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 £70,813 , which equates to approximately £101 per square foot. It was last sold on 15 Nov 2021 for £64,000. Since then, the value has increased by £6,813, representing a 10.6% increase, or approximately 2.6% per year.

The current estimated value of £70,813 is:

  • 33.7% lower than the average property price on Rectory Road
  • 31.3% lower than the average in the NE8 4RP postcode area
  • and 59.9% 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 30 September 2021, the property was recorded as owner-occupied.

View sold house prices in NE8 4RP

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
700 sq ft
Tenure
Leasehold
Price (estimate)
£70,813
Price Per sq ft (estimate)
£101
Bedroom Count (estimate)
2 bedrooms

EPC Summary

262 Rectory Road, Gateshead, Tyne And Wear, NE8 4RP has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 30 Sep 2021.

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 7 Oct 2010. The rating of D remains the same, but the energy efficiency score improved by 16.4%.

Since the previous assessment, several changes were observed:

  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was changed from low energy lighting in 80% of fixed outlets to low energy lighting in 71% of fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Partial double glazing
Poor
Lighting
Low energy lighting in 71% of fixed outlets
Very Good

Compared to NE8 4RP

33 rd / 37
Price Rank
31% lower than average
31 st / 32
Size Rank
31% smaller than average
15 th / 32
Price Per Sq FT Rank
0% same as average

Compared to other properties in NE8 4RP , this flat's estimated value ranks 33th out of 37. Based on price per square foot, it ranks 15th out of 32 properties. In terms of size, this home ranks 31th out of 32 properties in its postcode area.

Sale History

Today
£70,813
streetscan.co.uk estimate
+11 %
15 Nov 2021
£64,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 710 sq ft
sale price: £95,050
sale date: 5 Feb 2010
rooms: 3
size: 753 sq ft
sale price: £147,000
sale date: 12 Jun 2024
rooms: 4
size: 743 sq ft
sale price: £99,000
sale date: 6 May 2022
rooms: 3
size: 689 sq ft
sale price: £45,000
sale date: 13 Sep 2021
rooms: 4
size: 743 sq ft
sale price: £47,500
sale date: 25 Jun 2019

Data Sources

The property at 262 Rectory Road, Gateshead, Tyne And Wear, NE8 4RP appears once in the Land Registry records, with the transaction recorded on 15 Nov 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Sep 2021. 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.