32 Rayleigh Grove, Gateshead, NE8 4QQ is a leasehold flat built between 1900-1929. The property offers approximately 732 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 £57,725 , which equates to approximately £79 per square foot. It was last sold on 12 Feb 2007 for £56,000. Since then, the value has increased by £1,725, representing a 3.1% increase, or approximately 0.2% per year.

The current estimated value of £57,725 is:

  • 25.3% lower than the average property price on Rayleigh Grove
  • 34.1% lower than the average in the NE8 4QQ postcode area
  • and 66.5% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 25 March 2024, the property was recorded as rented.

View sold house prices in NE8 4QQ

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
732 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£57,725
Price Per sq ft (estimate)
£79
Bedroom Count (estimate)
2 bedrooms

EPC Summary

32 Rayleigh Grove, Gateshead, Tyne And Wear, NE8 4QQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 25 Mar 2024.

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 29 May 2010. The rating of C remains the same, but the energy efficiency score improved by 2.8%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very 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 all fixed outlets
Very Good

Compared to NE8 4QQ

21 st / 22
Price Rank
34% lower than average
7 th / 19
Size Rank
14% smaller than average
17 th / 19
Price Per Sq FT Rank
23% lower than average

Compared to other properties in NE8 4QQ , this flat's estimated value ranks 21th out of 22. Based on price per square foot, it ranks 17th out of 19 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 7th out of 19 properties in its postcode area.

Sale History

Today
£57,725
streetscan.co.uk estimate
+3 %
12 Feb 2007
£56,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 646 sq ft
sale price: £90,000
sale date: 1 May 2024
rooms: 3
size: 743 sq ft
sale price: £72,000
sale date: 7 Aug 2023
rooms: 3
size: 761 sq ft
sale price: £68,000
sale date: 18 Jan 2019
rooms: 5
size: 706 sq ft
sale price: £65,000
sale date: 31 Jan 2018
rooms: 3
size: 743 sq ft
sale price: £68,250
sale date: 15 Oct 2014

Data Sources

The property at 32 Rayleigh Grove, Gateshead, Tyne And Wear, NE8 4QQ appears once in the Land Registry records, with the transaction recorded on 12 Feb 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Mar 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.