379 Old Durham Road, Gateshead, NE9 5LB is a leasehold flat built between 1900-1929. The property offers approximately 872 square feet of living space. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £77,307 , which equates to approximately £89 per square foot. It was last sold on 4 Nov 2020 for £69,500. Since then, the value has increased by £7,807, representing a 11.2% increase, or approximately 2.2% per year.

The current estimated value of £77,307 is:

  • 37.4% lower than the average property price on Old Durham Road
  • 17.3% lower than the average in the NE9 5LB postcode area
  • and 56.2% 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 9 September 2014, the property was recorded as owner-occupied.

View sold house prices in NE9 5LB

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
872 sq ft
Tenure
Leasehold
Price (estimate)
£77,307
Price Per sq ft (estimate)
£89
Bedroom Count (estimate)
3 bedrooms

EPC Summary

379 Old Durham Road, Gateshead, Tyne And Wear, NE9 5LB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 9 Sep 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 12 Mar 2013, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 40%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from poor to good, while the system remained as from main system.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 14% of fixed outlets, with efficiency changing from very good to poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 14% of fixed outlets
Poor

Compared to NE9 5LB

17 th / 23
Price Rank
17% lower than average
2 nd / 21
Size Rank
20% bigger than average
19 th / 21
Price Per Sq FT Rank
31% lower than average

Compared to other properties in NE9 5LB , this flat's estimated value ranks 17th out of 23. Based on price per square foot, it ranks 19th out of 21 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 2nd out of 21 properties in its postcode area.

Sale History

Today
£77,307
streetscan.co.uk estimate
+11 %
4 Nov 2020
£69,500
Leasehold
-4.8 %
30 Jan 2015
£73,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 775 sq ft
sale price: £80,000
sale date: 12 Apr 2024
rooms: 3
size: 872 sq ft
sale price: £69,500
sale date: 4 Nov 2020
rooms: 4
size: 753 sq ft
sale price: £73,000
sale date: 10 Sep 2019
rooms: 4
size: 743 sq ft
sale price: £87,000
sale date: 27 Jan 2006
rooms: 3
size: 764 sq ft
sale price: £90,250
sale date: 30 Nov 2004

Data Sources

The property at 379 Old Durham Road, Gateshead, NE9 5LB appears two times in the Land Registry records, with the latest transaction recorded on 4 Nov 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Sep 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.