55 Hyde Park Street, Gateshead, NE8 4QB is a leasehold flat built before 1900. The property offers approximately 764 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £61,510 , which equates to approximately £80 per square foot. It was last sold on 8 Aug 2011 for £50,000. Since then, the value has increased by £11,510, representing a 23.0% increase, or approximately 1.6% per year.

The current estimated value of £61,510 is:

  • 10.3% lower than the average property price on Hyde Park Street
  • 13.1% lower than the average in the NE8 4QB postcode area
  • and 65.2% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 5 October 2016, the property was recorded as owner-occupied.

View sold house prices in NE8 4QB

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
764 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£61,510
Price Per sq ft (estimate)
£80
Bedroom Count (estimate)
2 bedrooms

EPC Summary

55 Hyde Park Street, Gateshead, Tyne And Wear, NE8 4QB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 5 Oct 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.

The previous EPC assessment was conducted on 5 May 2011, when the property was rated G. Since then, the rating has improved to D, with the energy efficiency score increasing by 1033.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, electric to boiler and radiators, mains gas, improving energy efficiency from very poor to good.
  • The hot water energy efficiency improving from very poor to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 300 mm loft insulation, improving energy efficiency from very poor to very good.
  • The lighting was updated from low energy lighting in 70% of fixed outlets to low energy lighting in 25% of fixed outlets, with efficiency changing from very good to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 25% of fixed outlets
Average

Compared to NE8 4QB

30 th / 42
Price Rank
13% lower than average
16 th / 40
Size Rank
1% smaller than average
29 th / 40
Price Per Sq FT Rank
12% lower than average

Compared to other properties in NE8 4QB , this flat's estimated value ranks 30th out of 42. Based on price per square foot, it ranks 29th out of 40 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 16th out of 40 properties in its postcode area.

Sale History

Today
£61,510
streetscan.co.uk estimate
+23 %
8 Aug 2011
£50,000
Leasehold

Area Insights

Similar Properties Sold Nearby

34 Hyde Park Street, Gateshead, NE8 4QB
rooms: 3
size: 807 sq ft
sale price: £56,000
sale date: 13 Aug 2024
16 Hyde Park Street, Gateshead, NE8 4QB
rooms: 3
size: 689 sq ft
sale price: £62,900
sale date: 12 Sep 2023
63 Hyde Park Street, Gateshead, NE8 4QB
rooms: 4
size: 678 sq ft
sale price: £70,000
sale date: 29 Sep 2022
5 Hyde Park Street, Gateshead, NE8 4QB
rooms: 3
size: 678 sq ft
sale price: £60,000
sale date: 29 Sep 2021
26 Hyde Park Street, Gateshead, NE8 4QB
rooms: 3
size: 721 sq ft
sale price: £58,000
sale date: 3 Sep 2021

Data Sources

The property at 55 Hyde Park Street, Gateshead, Tyne And Wear, NE8 4QB appears once in the Land Registry records, with the transaction recorded on 8 Aug 2011. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 5 Oct 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.
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