43 Watt Street, Gateshead, NE8 4TU is a freehold other property built between 1900-1929. The property offers approximately 538 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £98,586 , which equates to approximately £183 per square foot. It was last sold on 6 Dec 2023 for £98,000. Since then, the value has increased by £586, representing a 0.6% increase, or approximately 0.3% per year.

The current estimated value of £98,586 is:

  • 32.0% higher than the average property price on Watt Street
  • 27.2% higher than the average in the NE8 4TU postcode area
  • and 44.2% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 5 September 2023, the property was recorded as owner-occupied.

View sold house prices in NE8 4TU

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
538 sq ft
Tenure
Freehold
Price (estimate)
£98,586
Price Per sq ft (estimate)
£183
Bedroom Count (estimate)
1 bedroom

EPC Summary

43 Watt Street, Gateshead, Tyne And Wear, NE8 4TU has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 5 Sep 2023.

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 have partial double glazing.

The previous EPC assessment was conducted on 24 Sep 2011, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 65.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to boiler and radiators, mains gas, improving energy efficiency from average to good.
  • The hot water system was changed from from secondary system, no cylinder thermostat to from main system, with its energy efficiency improving from very poor to good.
  • The wall energy efficiency changing from good to average, with the construction or insulation remaining cavity wall, filled cavity.
  • The windows were upgraded from mostly double glazing to partial double glazing.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, filled cavity
Average
Windows
Partial double glazing
Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE8 4TU

4 th / 28
Price Rank
27% higher than average
20 th / 24
Size Rank
12% smaller than average
4 th / 24
Price Per Sq FT Rank
44% higher than average

Compared to other properties in NE8 4TU , this flat's estimated value ranks 4th out of 28. Based on price per square foot, it ranks 4th out of 24 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 20th out of 24 properties in its postcode area.

Sale History

Today
£98,586
streetscan.co.uk estimate
+1 %
6 Dec 2023
£98,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 517 sq ft
sale price: £100,000
sale date: 2 Aug 2018
rooms: 3
size: 603 sq ft
sale price: £50,000
sale date: 15 Nov 2016

Data Sources

The property at 43 Watt Street, Gateshead, Tyne And Wear, NE8 4TU appears once in the Land Registry records, with the transaction recorded on 6 Dec 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 5 Sep 2023. 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.