57 Macadam Street, Gateshead, NE8 4TS is a leasehold other property built between 1900-1929. The property offers approximately 624 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £41,653 , which equates to approximately £67 per square foot. It was last sold on 18 Jan 2022 for £38,500. Since then, the value has increased by £3,153, representing a 8.2% increase, or approximately 2.1% per year.

The current estimated value of £41,653 is:

  • 56.2% lower than the average property price on Macadam Street
  • 64.1% lower than the average in the NE8 4TS postcode area
  • and 75.8% lower than the average price for Gateshead as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 2 September 2021, the property was recorded as rented.

View sold house prices in NE8 4TS

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
624 sq ft
Tenure
Leasehold
Price (estimate)
£41,653
Price Per sq ft (estimate)
£67
Bedroom Count (estimate)
1 bedroom

EPC Summary

57 Macadam Street, Gateshead, Tyne And Wear, NE8 4TS has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 2 Sep 2021.

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 21 May 2021, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 88.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to boiler and radiators, mains gas, improving energy efficiency from average to good.
  • The hot water system was changed from electric immersion, off-peak to from main system, with its energy efficiency improving from very poor to good.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 20% of fixed outlets, with efficiency changing from good to poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 20% of fixed outlets
Poor

Compared to NE8 4TS

29 th / 35
Price Rank
64% lower than average
27 th / 30
Size Rank
30% smaller than average
22 nd / 30
Price Per Sq FT Rank
49% lower than average

Compared to other properties in NE8 4TS , this flat's estimated value ranks 29th out of 35. Based on price per square foot, it ranks 22th out of 30 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 27th out of 30 properties in its postcode area.

Sale History

Today
£41,653
streetscan.co.uk estimate
+8 %
18 Jan 2022
£38,500
Leasehold
-28.7 %
18 Jun 2021
£54,000
Leasehold
-32.1 %
22 Jan 2008
£79,500
Leasehold
+511.5 %
25 Jan 2002
£13,000
Leasehold
+11.8 %
6 Jan 1999
£11,624
Leasehold

Area Insights

Similar Properties Sold Nearby

55 Macadam Street, Gateshead, NE8 4TS
rooms: 4
size: 700 sq ft
sale price: £38,500
sale date: 18 Jan 2022

Data Sources

The property at 57 Macadam Street, Gateshead, NE8 4TS appears five times in the Land Registry records, with the latest transaction recorded on 18 Jan 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Sep 2021. 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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