56 Ovett Gardens, Gateshead, NE8 3JH is a leasehold flat built between 2003-2006. The property offers approximately 517 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £123,391 , which equates to approximately £239 per square foot. It was last sold on 1 Mar 2010 for £102,500. Since then, the value has increased by £20,891, representing a 20.4% increase, or approximately 1.3% per year.

The current estimated value of £123,391 is:

  • 29.0% lower than the average property price on Ovett Gardens
  • 26.3% lower than the average in the NE8 3JH postcode area
  • and 30.1% lower than the average price for Gateshead as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 2 October 2019, the property was recorded as owner-occupied.

View sold house prices in NE8 3JH

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
517 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£123,391
Price Per sq ft (estimate)
£239
Bedroom Count (estimate)
1 bedroom

EPC Summary

56 Ovett Gardens, Gateshead, Tyne And Wear, NE8 3JH has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 2 Oct 2019.

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 6 Oct 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 6.1%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, insulated (assumed) to pitched, 250 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 57% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 57% of fixed outlets
Good

Compared to NE8 3JH

55 th / 66
Price Rank
26% lower than average
51 st / 52
Size Rank
41% smaller than average
6 th / 52
Price Per Sq FT Rank
25% higher than average

Compared to other properties in NE8 3JH , this flat's estimated value ranks 55th out of 66. Based on price per square foot, it ranks 6th out of 52 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 51th out of 52 properties in its postcode area.

Sale History

Today
£123,391
streetscan.co.uk estimate
+20 %
1 Mar 2010
£102,500
Leasehold
-19.9 %
23 Sep 2005
£127,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 592 sq ft
sale price: £93,000
sale date: 24 Mar 2023
rooms: 3
size: 592 sq ft
sale price: £100,000
sale date: 4 Jan 2023
rooms: 3
size: 570 sq ft
sale price: £102,500
sale date: 9 Sep 2022
rooms: 3
size: 560 sq ft
sale price: £90,000
sale date: 11 Jul 2022
rooms: 3
size: 592 sq ft
sale price: £86,000
sale date: 10 Mar 2021

Data Sources

The property at 56 Ovett Gardens, Gateshead, NE8 3JH appears two times in the Land Registry records, with the latest transaction recorded on 1 Mar 2010. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Oct 2019. 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.