55 Westminster Street, Gateshead, NE8 4QE is a freehold flat built between 1900-1929. The property offers approximately 753 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 £47,068 , which equates to approximately £62 per square foot. It was last sold on 17 Aug 2007 for £48,000. Since then, the value has decreased by £932, representing a 1.9% decrease, or approximately 0.1% per year.

The current estimated value of £47,068 is:

  • 42.5% lower than the average property price on Westminster Street
  • 54.9% lower than the average in the NE8 4QE postcode area
  • and 73.3% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 21 May 2015, the property was recorded as owner-occupied.

View sold house prices in NE8 4QE

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
753 sq ft
Tenure
Freehold
Floor level
1st floor
Price (estimate)
£47,068
Price Per sq ft (estimate)
£62
Bedroom Count (estimate)
2 bedrooms

EPC Summary

55 Westminster Street, Gateshead, Tyne And Wear, NE8 4QE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 21 May 2015.

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
Roof
Pitched, 75 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to NE8 4QE

49 th / 54
Price Rank
55% lower than average
22 nd / 34
Size Rank
1% bigger than average
33 rd / 34
Price Per Sq FT Rank
55% lower than average

Compared to other properties in NE8 4QE , this flat's estimated value ranks 49th out of 54. Based on price per square foot, it ranks 33th 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 22th out of 34 properties in its postcode area.

Sale History

Today
£47,068
streetscan.co.uk estimate
-2 %
17 Aug 2007
£48,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 721 sq ft
sale price: £43,000
sale date: 15 Oct 2024
rooms: 3
size: 743 sq ft
sale price: £75,500
sale date: 26 Jul 2022
rooms: 4
size: 774 sq ft
sale price: £64,000
sale date: 14 Dec 2018
rooms: 4
size: 753 sq ft
sale price: £50,000
sale date: 12 Nov 2018
rooms: 3
size: 667 sq ft
sale price: £56,500
sale date: 26 Apr 2018

Data Sources

The property at 55 Westminster Street, Gateshead, Tyne And Wear, NE8 4QE appears once in the Land Registry records, with the transaction recorded on 17 Aug 2007. It also has a single Energy Performance Certificate (EPC) from 21 May 2015. 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.