3 Watt Street, Gateshead, NE8 4TU is a leasehold flat built between 1930-1949. The property offers approximately 592 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £70,739 , which equates to approximately £119 per square foot. It was last sold on 22 Oct 2007 for £72,000. Since then, the value has decreased by £1,261, representing a 1.8% decrease, or approximately 0.1% per year.

The current estimated value of £70,739 is:

  • 5.3% lower than the average property price on Watt Street
  • 8.7% lower than the average in the NE8 4TU postcode area
  • and 59.9% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 17 August 2024, the property was recorded as owner-occupied.

View sold house prices in NE8 4TU

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
592 sq ft
Tenure
Leasehold
Price (estimate)
£70,739
Price Per sq ft (estimate)
£119
Bedroom Count (estimate)
1 bedroom

EPC Summary

3 Watt Street, Gateshead, Tyne And Wear, NE8 4TU has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 17 Aug 2024.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. The windows are fully double glazed.

The previous EPC assessment was conducted on 15 Apr 2009, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 23.1%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to no system present: electric immersion assumed, with its energy efficiency changing from good to very poor.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
No system present: electric immersion assumed
Very Poor
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE8 4TU

22 nd / 28
Price Rank
9% lower than average
15 th / 24
Size Rank
3% smaller than average
16 th / 24
Price Per Sq FT Rank
6% lower than average

Compared to other properties in NE8 4TU , this flat's estimated value ranks 22th out of 28. Based on price per square foot, it ranks 16th out of 24 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 24 properties in its postcode area.

Sale History

Today
£70,739
streetscan.co.uk estimate
-2 %
22 Oct 2007
£72,000
Leasehold
+227.3 %
17 Aug 2001
£22,000
Leasehold

Area Insights

Similar Properties Sold Nearby

31 Watt Street, Gateshead, NE8 4TU
rooms: 3
size: 517 sq ft
sale price: £39,999
sale date: 6 Dec 2017
2 Watt Street, Gateshead, NE8 4TU
rooms: 3
size: 614 sq ft
sale price: £60,000
sale date: 7 Jul 2017
25 Watt Street, Gateshead, NE8 4TU
rooms: 3
size: 614 sq ft
sale price: £62,000
sale date: 19 May 2017
48 Watt Street, Gateshead, NE8 4TU
rooms: 4
size: 678 sq ft
sale price: £58,000
sale date: 13 Aug 2012
5 Watt Street, Gateshead, NE8 4TU
rooms: 4
size: 581 sq ft
sale price: £72,000
sale date: 22 Oct 2007

Data Sources

The property at 3 Watt Street, Gateshead, NE8 4TU appears two times in the Land Registry records, with the latest transaction recorded on 22 Oct 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Aug 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.
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