5 Arkwright Street, Gateshead, NE8 4TY is a leasehold flat built between 1950-1966. The property offers approximately 861 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 £75,658 , which equates to approximately £88 per square foot. It was last sold on 21 Feb 2003 for £37,000. Since then, the value has increased by £38,658, representing a 104.5% increase, or approximately 4.6% per year.

The current estimated value of £75,658 is:

  • 22.2% lower than the average property price on Arkwright Street
  • 15.2% lower than the average in the NE8 4TY postcode area
  • and 56.1% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 21 April 2016, the property was recorded as owner-occupied.

View sold house prices in NE8 4TY

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
861 sq ft
Tenure
Leasehold
Price (estimate)
£75,658
Price Per sq ft (estimate)
£88
Bedroom Count (estimate)
3 bedrooms

EPC Summary

5 Arkwright Street, Gateshead, Tyne And Wear, NE8 4TY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 Apr 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.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to NE8 4TY

6 th / 21
Price Rank
15% lower than average
3 rd / 18
Size Rank
11% bigger than average
14 th / 18
Price Per Sq FT Rank
24% lower than average

Compared to other properties in NE8 4TY , this flat's estimated value ranks 6th out of 21. Based on price per square foot, it ranks 14th out of 18 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 3rd out of 18 properties in its postcode area.

Sale History

Today
£75,658
streetscan.co.uk estimate
+104 %
21 Feb 2003
£37,000
Leasehold
+27.6 %
24 May 1996
£29,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 743 sq ft
sale price: £62,000
sale date: 22 Aug 2022
rooms: 3
size: 797 sq ft
sale price: £81,000
sale date: 25 Jun 2021

Data Sources

The property at 5 Arkwright Street, Gateshead, NE8 4TY appears two times in the Land Registry records, with the latest transaction recorded on 21 Feb 2003. It also has a single Energy Performance Certificate (EPC) from 21 Apr 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.