302 Old Durham Road, Gateshead, NE8 4BQ is a leasehold terraced property built between 1900-1929. The property offers approximately 721 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £52,287 , which equates to approximately £72 per square foot. It was last sold on 30 May 2024 for £50,000. Since then, the value has increased by £2,287, representing a 4.6% increase, or approximately 3.0% per year.

The current estimated value of £52,287 is:

  • 57.7% lower than the average property price on Old Durham Road
  • 44.3% lower than the average in the NE8 4BQ postcode area
  • and 70.4% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 14 March 2023, the property was recorded as owner-occupied.

View sold house prices in NE8 4BQ

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
721 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£52,287
Price Per sq ft (estimate)
£72
Bedroom Count (estimate)
2 bedrooms

EPC Summary

302 Old Durham Road, Gateshead, Tyne And Wear, NE8 4BQ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 14 Mar 2023.

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 7 Feb 2013, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 19.6%.

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 windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in 83% of fixed outlets, with efficiency improving from very poor to very good.
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)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to NE8 4BQ

10 th / 24
Price Rank
44% lower than average
8 th / 16
Size Rank
20% smaller than average
4 th / 16
Price Per Sq FT Rank
30% lower than average

Compared to other properties in NE8 4BQ , this flat's estimated value ranks 10th out of 24. Based on price per square foot, it ranks 4th out of 16 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 8th out of 16 properties in its postcode area.

Sale History

Today
£52,287
streetscan.co.uk estimate
+5 %
30 May 2024
£50,000
Leasehold
-37.5 %
9 Oct 2007
£80,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 635 sq ft
sale price: £65,000
sale date: 7 Sep 2006
rooms: 3
size: 700 sq ft
sale price: £92,000
sale date: 12 Apr 2024
rooms: 3
size: 678 sq ft
sale price: £95,000
sale date: 14 Jul 2022
rooms: 3
size: 764 sq ft
sale price: £90,500
sale date: 26 Feb 2021
rooms: 3
size: 678 sq ft
sale price: £80,000
sale date: 28 Mar 2011

Data Sources

The property at 302 Old Durham Road, Gateshead, NE8 4BQ appears two times in the Land Registry records, with the latest transaction recorded on 30 May 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Mar 2023. 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.