54 Rayleigh Grove, Gateshead, NE8 4QQ is a leasehold flat built between 1900-1929. The property offers approximately 689 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 £69,241 , which equates to approximately £101 per square foot. It was last sold on 21 Jan 2005 for £58,000. Since then, the value has increased by £11,241, representing a 19.4% increase, or approximately 0.9% per year.

The current estimated value of £69,241 is:

  • 10.4% lower than the average property price on Rayleigh Grove
  • 20.9% lower than the average in the NE8 4QQ postcode area
  • and 59.8% lower than the average price for Gateshead as a whole

View sold house prices in NE8 4QQ

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
689 sq ft
Tenure
Leasehold
Price (estimate)
£69,241
Price Per sq ft (estimate)
£101
Bedroom Count (estimate)
2 bedrooms

EPC Summary

54 Rayleigh Grove, Gateshead, Tyne And Wear, NE8 4QQ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 27 Jul 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 have partial double glazing.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Partial double glazing
Poor
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to NE8 4QQ

18 th / 22
Price Rank
21% lower than average
14 th / 19
Size Rank
19% smaller than average
13 th / 19
Price Per Sq FT Rank
2% lower than average

Compared to other properties in NE8 4QQ , this flat's estimated value ranks 18th out of 22. Based on price per square foot, it ranks 13th 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 14th out of 19 properties in its postcode area.

Sale History

Today
£69,241
streetscan.co.uk estimate
+19 %
21 Jan 2005
£58,000
Leasehold
+375.4 %
1 Dec 2000
£12,200
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 646 sq ft
sale price: £90,000
sale date: 1 May 2024
rooms: 3
size: 743 sq ft
sale price: £72,000
sale date: 7 Aug 2023
rooms: 2
size: 657 sq ft
sale price: £72,000
sale date: 7 Aug 2023
rooms: 3
size: 761 sq ft
sale price: £68,000
sale date: 18 Jan 2019
rooms: 3
size: 743 sq ft
sale price: £68,250
sale date: 15 Oct 2014

Data Sources

The property at 54 Rayleigh Grove, Gateshead, NE8 4QQ appears two times in the Land Registry records, with the latest transaction recorded on 21 Jan 2005. It also has a single Energy Performance Certificate (EPC) from 27 Jul 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.