290 Old Durham Road, Gateshead, NE8 4BQ is a leasehold flat built between 1900-1929. The property offers approximately 710 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 £52,002 , which equates to approximately £73 per square foot. It was last sold on 3 Apr 2017 for £45,000. Since then, the value has increased by £7,002, representing a 15.6% increase, or approximately 1.8% per year.

The current estimated value of £52,002 is:

  • 57.9% lower than the average property price on Old Durham Road
  • 44.6% lower than the average in the NE8 4BQ postcode area
  • and 70.5% lower than the average price for Gateshead as a whole

View sold house prices in NE8 4BQ

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
710 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£52,002
Price Per sq ft (estimate)
£73
Bedroom Count (estimate)
2 bedrooms

EPC Summary

290 Old Durham Road, Gateshead, Tyne And Wear, NE8 4BQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 15 Jan 2020.

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 21 Jan 2014, when the property was rated F. Since then, the rating has improved to C, with the energy efficiency score increasing by 130%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from average to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 200 mm loft insulation, improving energy efficiency from very poor to good.
  • The lighting was changed from low energy lighting in 50% of fixed outlets to low energy lighting in 67% of fixed outlets, with no change in efficiency (good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to NE8 4BQ

22 nd / 24
Price Rank
45% lower than average
9 th / 16
Size Rank
22% smaller than average
16 th / 16
Price Per Sq FT Rank
29% lower than average

Compared to other properties in NE8 4BQ , this flat's estimated value ranks 22th out of 24. Based on price per square foot, it ranks 16th out of 16 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 16 properties in its postcode area.

Sale History

Today
£52,002
streetscan.co.uk estimate
+16 %
3 Apr 2017
£45,000
Leasehold
-5.3 %
27 Oct 2006
£47,500
Leasehold

Area Insights

Similar Properties Sold Nearby

314 Old Durham Road, Gateshead, NE8 4BQ
rooms: 3
size: 680 sq ft
sale price: £50,000
sale date: 6 Jun 2014
334 Old Durham Road, Gateshead, NE8 4BQ
rooms: 4
size: 667 sq ft
sale price: £35,000
sale date: 23 May 2014
306 Old Durham Road, Gateshead, NE8 4BQ
rooms: 3
size: 689 sq ft
sale price: £80,000
sale date: 10 Oct 2007
346 Old Durham Road, Gateshead, NE8 4BQ
rooms: 3
size: 657 sq ft
sale price: £75,000
sale date: 13 Apr 2007
350 Old Durham Road, Gateshead, NE8 4BQ
rooms: 3
size: 668 sq ft
sale price: £79,000
sale date: 13 Apr 2007

Data Sources

The property at 290 Old Durham Road, Gateshead, NE8 4BQ appears two times in the Land Registry records, with the latest transaction recorded on 3 Apr 2017. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Jan 2020. 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.
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