7 Dykes Way, Gateshead, NE10 8QL is a leasehold flat built between 1976-1982. The property offers approximately 258 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £25,379 , which equates to approximately £98 per square foot. It was last sold on 12 May 2015 for £20,500. Since then, the value has increased by £4,879, representing a 23.8% increase, or approximately 2.2% per year.

The current estimated value of £25,379 is:

  • 80.2% lower than the average property price on Dykes Way
  • 78.1% lower than the average in the NE10 8QL postcode area
  • and 85.3% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 10 April 2012, the property was recorded as owner-occupied.

View sold house prices in NE10 8QL

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
258 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£25,379
Price Per sq ft (estimate)
£98
Bedroom Count (estimate)
1 bedroom

EPC Summary

7 Dykes Way, Gateshead, Tyne And Wear, NE10 8QL has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 10 Apr 2012.

This property uses electric room heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are single glazed.

The previous EPC assessment was conducted on 22 Jan 2010, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 87.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from very poor to poor, while the heating system type remained the same (room heaters, electric).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to timber frame, as built, insulated (assumed), improving energy efficiency from poor to good.
  • The lighting was updated from low energy lighting in 33% of fixed outlets to no low energy lighting, with efficiency changing from average to very poor.
Heating Type
Room heaters, electric
Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Pitched, no insulation
Very Poor
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Single glazed
Very Poor
Lighting
No low energy lighting
Very Poor

Compared to NE10 8QL

30 th / 35
Price Rank
78% lower than average
22 nd / 23
Size Rank
54% smaller than average
17 th / 23
Price Per Sq FT Rank
52% lower than average

Compared to other properties in NE10 8QL , this flat's estimated value ranks 30th out of 35. Based on price per square foot, it ranks 17th out of 23 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 23 properties in its postcode area.

Sale History

Today
£25,379
streetscan.co.uk estimate
+24 %
12 May 2015
£20,500
Leasehold
-18.8 %
4 Jan 2013
£25,250
Leasehold
-49.4 %
29 Sep 2006
£49,950
Leasehold
+132.3 %
27 Jul 2004
£21,500
Leasehold
+74.8 %
3 Dec 2003
£12,300
Leasehold
0 %
17 Sep 1999
£12,300
Leasehold

Area Insights

Similar Properties Sold Nearby

5 Dykes Way, Gateshead, NE10 8QL
rooms: 1
size: 258 sq ft
sale price: £21,000
sale date: 22 Nov 2013
2 Dykes Way, Gateshead, NE10 8QL
rooms: 1
size: 260 sq ft
sale price: £38,950
sale date: 21 Dec 2009
6 Dykes Way, Gateshead, NE10 8QL
rooms: 1
size: 258 sq ft
sale price: £52,000
sale date: 31 Oct 2008
8 Dykes Way, Gateshead, NE10 8QL
rooms: 1
size: 269 sq ft
sale price: £40,000
sale date: 3 Mar 2008
3 Dykes Way, Gateshead, NE10 8QL
rooms: 2
size: 258 sq ft
sale price: £46,000
sale date: 18 Jul 2007

Data Sources

The property at 7 Dykes Way, Gateshead, NE10 8QL appears six times in the Land Registry records, with the latest transaction recorded on 12 May 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Apr 2012. 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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