41 Westminster Street, Gateshead, NE8 4QE is a leasehold flat built before 1900. The property offers approximately 721 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £43,648 , which equates to approximately £60 per square foot. It was last sold on 15 Oct 2024 for £43,000. Since then, the value has increased by £648, representing a 1.5% increase, or approximately 1.3% per year.

The current estimated value of £43,648 is:

  • 46.7% lower than the average property price on Westminster Street
  • 58.2% lower than the average in the NE8 4QE postcode area
  • and 75.3% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 7 August 2024, the property was recorded as owner-occupied.

View sold house prices in NE8 4QE

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
721 sq ft
Tenure
Leasehold
Price (estimate)
£43,648
Price Per sq ft (estimate)
£60
Bedroom Count (estimate)
2 bedrooms

EPC Summary

41 Westminster Street, Gateshead, Tyne And Wear, NE8 4QE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 7 Aug 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 24 Mar 2014, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 14.3%.

Since the previous assessment, several changes were observed:

  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was updated from low energy lighting in 67% 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
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE8 4QE

47 th / 54
Price Rank
58% lower than average
29 th / 34
Size Rank
4% smaller than average
29 th / 34
Price Per Sq FT Rank
57% lower than average

Compared to other properties in NE8 4QE , this flat's estimated value ranks 47th out of 54. Based on price per square foot, it ranks 29th 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 29th out of 34 properties in its postcode area.

Sale History

Today
£43,648
streetscan.co.uk estimate
+2 %
15 Oct 2024
£43,000
Leasehold
+41 %
12 Nov 2003
£30,500
Leasehold
+110.3 %
30 Jun 1995
£14,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 743 sq ft
sale price: £75,500
sale date: 26 Jul 2022
rooms: 4
size: 774 sq ft
sale price: £64,000
sale date: 14 Dec 2018
rooms: 4
size: 753 sq ft
sale price: £50,000
sale date: 12 Nov 2018
rooms: 3
size: 667 sq ft
sale price: £56,500
sale date: 26 Apr 2018
rooms: 3
size: 764 sq ft
sale price: £66,750
sale date: 3 Nov 2017

Data Sources

The property at 41 Westminster Street, Gateshead, NE8 4QE appears three times in the Land Registry records, with the latest transaction recorded on 15 Oct 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Aug 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.