51 Chaucer Close, Gateshead, NE8 3NG is a leasehold flat built between 1991-1995. The property offers approximately 570 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 £120,000 , which equates to approximately £210 per square foot. It was last sold on 26 Sep 1997 for £36,000. Since then, the value has increased by £84,000, representing a 233.3% increase, or approximately 8.3% per year.

The current estimated value of £120,000 is:

  • 18.9% lower than the average property price on Chaucer Close
  • 14.1% lower than the average in the NE8 3NG postcode area
  • and 32.0% lower than the average price for Gateshead as a whole

View sold house prices in NE8 3NG

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
570 sq ft
Tenure
Leasehold
Price (estimate)
£120,000
Price Per sq ft (estimate)
£210
Bedroom Count (estimate)
1 bedroom

EPC Summary

51 Chaucer Close, Gateshead, Tyne And Wear, NE8 3NG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 23 Aug 2013.

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, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 29% of fixed outlets
Average

Compared to NE8 3NG

40 th / 50
Price Rank
14% lower than average
25 th / 34
Size Rank
15% smaller than average
25 th / 34
Price Per Sq FT Rank
2% higher than average

Compared to other properties in NE8 3NG , this flat's estimated value ranks 40th out of 50. Based on price per square foot, it ranks 25th 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 25th out of 34 properties in its postcode area.

Sale History

Today
£120,000
streetscan.co.uk estimate
+233 %
26 Sep 1997
£36,000
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 51 Chaucer Close, Gateshead, Tyne And Wear, NE8 3NG appears once in the Land Registry records, with the transaction recorded on 26 Sep 1997. It also has a single Energy Performance Certificate (EPC) from 23 Aug 2013. 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.