32 Grasmere Street West, Gateshead, NE8 1TS is a leasehold flat built before 1900. The property offers approximately 1,324 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £143,981 , which equates to approximately £109 per square foot. It was last sold on 9 Mar 2021 for £135,000. Since then, the value has increased by £8,981, representing a 6.7% increase, or approximately 1.4% per year.

The current estimated value of £143,981 is:

  • 44.2% higher than the average property price on Grasmere Street West
  • 37.8% higher than the average in the NE8 1TS postcode area
  • and 18.4% 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 28 May 2014, the property was recorded as owner-occupied.

View sold house prices in NE8 1TS

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
1324 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£143,981
Price Per sq ft (estimate)
£109
Bedroom Count (estimate)
4 bedrooms

EPC Summary

32 Grasmere Street West, Gateshead, Tyne And Wear, NE8 1TS has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 28 May 2014.

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 Nov 2012, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 65%.

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, 150 mm loft insulation to pitched, 75 mm loft insulation, changing energy efficiency from good to very poor.
  • The lighting was updated from low energy lighting in 27% of fixed outlets to low energy lighting in 89% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 75 mm loft insulation
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 89% of fixed outlets
Very Good

Compared to NE8 1TS

5 th / 27
Price Rank
38% higher than average
6 th / 18
Size Rank
34% bigger than average
7 th / 18
Price Per Sq FT Rank
3% higher than average

Compared to other properties in NE8 1TS , this flat's estimated value ranks 5th out of 27. Based on price per square foot, it ranks 7th out of 18 properties. In terms of size, this home ranks 6th out of 18 properties in its postcode area.

Sale History

Today
£143,981
streetscan.co.uk estimate
+7 %
9 Mar 2021
£135,000
Leasehold
+51.7 %
29 May 2013
£89,000
Leasehold
+187.1 %
22 Oct 1999
£31,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1292 sq ft
sale price: £110,000
sale date: 12 Mar 2018
rooms: 5
size: 1324 sq ft
sale price: £100,000
sale date: 18 Feb 2011

Data Sources

The property at 32 Grasmere Street West, Gateshead, NE8 1TS appears three times in the Land Registry records, with the latest transaction recorded on 9 Mar 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 May 2014. 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.