41 Rectory Place, Gateshead, NE8 1XN is a leasehold flat built between 1900-1929. The property offers approximately 1,582 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have five bedrooms.

The estimated current market value of the property is £63,478 , which equates to approximately £40 per square foot. It was last sold on 19 Jan 2004 for £45,000. Since then, the value has increased by £18,478, representing a 41.1% increase, or approximately 1.9% per year.

The current estimated value of £63,478 is:

  • 30.9% lower than the average property price on Rectory Place
  • 30.7% lower than the average in the NE8 1XN postcode area
  • and 64.0% 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 7 July 2016, the property was recorded as owner-occupied.

View sold house prices in NE8 1XN

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
1582 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£63,478
Price Per sq ft (estimate)
£40
Bedroom Count (estimate)
5 bedrooms

EPC Summary

41 Rectory Place, Gateshead, Tyne And Wear, NE8 1XN has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 7 Jul 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 7 Jul 2016, and the property received the same rating of E with an unchanged energy efficiency score of 45.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to NE8 1XN

16 th / 23
Price Rank
31% lower than average
2 nd / 19
Size Rank
90% bigger than average
19 th / 19
Price Per Sq FT Rank
64% lower than average

Compared to other properties in NE8 1XN , this flat's estimated value ranks 16th out of 23. Based on price per square foot, it ranks 19th 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 2nd out of 19 properties in its postcode area.

Sale History

Today
£63,478
streetscan.co.uk estimate
+41 %
19 Jan 2004
£45,000
Leasehold

Area Insights

Nearby Properties

rooms: 7
size: 1690 sq ft
sale price: £80,000
sale date: 19 Jan 2004
rooms: 4
size: 549 sq ft
sale price: £16,000
sale date: 10 Nov 2000
rooms: 3
size: 678 sq ft
sale price: £38,000
sale date: 28 Oct 2020
rooms: 2
size: 646 sq ft
sale price: £65,000
sale date: 17 Oct 2008
rooms: 5
size: 1087 sq ft
sale price: £76,000
sale date: 7 May 2015

Data Sources

The property at 41 Rectory Place, Gateshead, Tyne And Wear, NE8 1XN appears once in the Land Registry records, with the transaction recorded on 19 Jan 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Jul 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.