7, The Grainger North West Side, Gateshead, NE8 2BG is a leasehold flat built between 2003-2006. The property offers approximately 538 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £119,253 , which equates to approximately £222 per square foot. It was last sold on 11 May 2017 for £105,000. Since then, the value has increased by £14,253, representing a 13.6% increase, or approximately 1.6% per year.

The current estimated value of £119,253 is:

  • 22.0% lower than the average property price on North West Side
  • 23.0% lower than the average in the NE8 2BG postcode area
  • and 30.7% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 11 June 2015, the property was recorded as owner-occupied.

View sold house prices in NE8 2BG

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
538 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£119,253
Price Per sq ft (estimate)
£222
Bedroom Count (estimate)
1 bedroom

EPC Summary

7, The Grainger North West Side, Gateshead, Tyne And Wear, NE8 2BG has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 23 Dec 2016.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 11 Jun 2015, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 11%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 57% of fixed outlets to low energy lighting in 75% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to NE8 2BG

30 th / 52
Price Rank
23% lower than average
44 th / 45
Size Rank
20% smaller than average
4 th / 45
Price Per Sq FT Rank
4% lower than average

Compared to other properties in NE8 2BG , this flat's estimated value ranks 30th out of 52. Based on price per square foot, it ranks 4th out of 45 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 44th out of 45 properties in its postcode area.

Sale History

Today
£119,253
streetscan.co.uk estimate
+14 %
11 May 2017
£105,000
Leasehold
-26.6 %
25 Aug 2005
£143,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 603 sq ft
sale price: £125,000
sale date: 5 Mar 2024
rooms: 3
size: 581 sq ft
sale price: £160,500
sale date: 24 Mar 2023
rooms: 3
size: 603 sq ft
sale price: £135,000
sale date: 20 Dec 2021
rooms: 3
size: 549 sq ft
sale price: £120,000
sale date: 21 Oct 2021
rooms: 3
size: 603 sq ft
sale price: £134,000
sale date: 28 Jun 2019

Data Sources

The property at 7, The Grainger North West Side, Gateshead, NE8 2BG appears two times in the Land Registry records, with the latest transaction recorded on 11 May 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Dec 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.