32 Arkwright Street, Gateshead, NE8 4TY is a freehold terraced property built between 1900-1929. The property offers approximately 732 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 £85,852 , which equates to approximately £117 per square foot. It was last sold on 4 Feb 2003 for £32,000. Since then, the value has increased by £53,852, representing a 168.3% increase, or approximately 7.4% per year.

The current estimated value of £85,852 is:

  • 11.7% lower than the average property price on Arkwright Street
  • 3.8% lower than the average in the NE8 4TY postcode area
  • and 50.1% lower than the average price for Gateshead as a whole

View sold house prices in NE8 4TY

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
732 sq ft
Tenure
Freehold
Price (estimate)
£85,852
Price Per sq ft (estimate)
£117
Bedroom Count (estimate)
2 bedrooms

EPC Summary

32 Arkwright Street, Gateshead, Tyne And Wear, NE8 4TY has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 16 Jun 2015.

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 5 May 2011, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 21%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • 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 33% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to NE8 4TY

12 th / 21
Price Rank
4% lower than average
6 th / 18
Size Rank
6% smaller than average
15 th / 18
Price Per Sq FT Rank
2% higher than average

Compared to other properties in NE8 4TY , this flat's estimated value ranks 12th out of 21. Based on price per square foot, it ranks 15th out of 18 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 6th out of 18 properties in its postcode area.

Sale History

Today
£85,852
streetscan.co.uk estimate
+168 %
4 Feb 2003
£32,000
Leasehold

Area Insights

Similar Properties Sold Nearby

38 Arkwright Street, Gateshead, NE8 4TY
rooms: 3
size: 635 sq ft
sale price: £65,000
sale date: 8 Jun 2004

Data Sources

The property at 32 Arkwright Street, Gateshead, Tyne And Wear, NE8 4TY appears once in the Land Registry records, with the transaction recorded on 4 Feb 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Jun 2015. 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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