41 Chaucer Close, Gateshead, NE8 3NG is a leasehold flat built between 1976-1982. The property offers approximately 614 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £104,054 , which equates to approximately £170 per square foot. It was last sold on 2 Oct 2020 for £92,000. Since then, the value has increased by £12,054, representing a 13.1% increase, or approximately 2.5% per year.

The current estimated value of £104,054 is:

  • 29.7% lower than the average property price on Chaucer Close
  • 25.5% lower than the average in the NE8 3NG postcode area
  • and 41.1% 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 23 June 2016, the property was recorded as owner-occupied.

View sold house prices in NE8 3NG

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
614 sq ft
Tenure
Leasehold
Price (estimate)
£104,054
Price Per sq ft (estimate)
£170
Bedroom Count (estimate)
1 bedroom

EPC Summary

41 Chaucer Close, Gateshead, Tyne And Wear, NE8 3NG has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 23 Jun 2016.

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 20 Nov 2014, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 10.7%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was updated from low energy lighting in 67% of fixed outlets to low energy lighting in 78% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 78% of fixed outlets
Very Good

Compared to NE8 3NG

48 th / 50
Price Rank
26% lower than average
16 th / 34
Size Rank
9% smaller than average
33 rd / 34
Price Per Sq FT Rank
18% lower than average

Compared to other properties in NE8 3NG , this flat's estimated value ranks 48th out of 50. Based on price per square foot, it ranks 33th out of 34 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 16th out of 34 properties in its postcode area.

Sale History

Today
£104,054
streetscan.co.uk estimate
+13 %
2 Oct 2020
£92,000
Leasehold
-9.8 %
17 Aug 2007
£102,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 603 sq ft
sale price: £90,000
sale date: 30 Jan 2024
rooms: 3
size: 603 sq ft
sale price: £95,000
sale date: 16 Dec 2022
rooms: 3
size: 560 sq ft
sale price: £100,000
sale date: 5 Aug 2022
rooms: 3
size: 646 sq ft
sale price: £102,000
sale date: 13 May 2022
rooms: 3
size: 614 sq ft
sale price: £80,000
sale date: 30 Mar 2022

Data Sources

The property at 41 Chaucer Close, Gateshead, NE8 3NG appears two times in the Land Registry records, with the latest transaction recorded on 2 Oct 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Jun 2016. 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.