7 Village Heights, Gateshead, NE8 1PW is a leasehold flat built between 1996-2002. The property offers approximately 517 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 £99,734 , which equates to approximately £193 per square foot. It was last sold on 2 May 2000 for £31,500. Since then, the value has increased by £68,234, representing a 216.6% increase, or approximately 8.5% per year.

The current estimated value of £99,734 is:

  • 48.7% lower than the average property price on Village Heights
  • 48.2% lower than the average in the NE8 1PW postcode area
  • and 43.5% lower than the average price for Gateshead as a whole

View sold house prices in NE8 1PW

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
517 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£99,734
Price Per sq ft (estimate)
£193
Bedroom Count (estimate)
1 bedroom

EPC Summary

7 Village Heights, Gateshead, Tyne And Wear, NE8 1PW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 12 Aug 2020.

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 30 Jun 2009. The rating of C is unchanged, though the energy efficiency score decreased by 6.3%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very 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
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE8 1PW

77 th / 79
Price Rank
48% lower than average
58 th / 59
Size Rank
41% smaller than average
50 th / 59
Price Per Sq FT Rank
12% lower than average

Compared to other properties in NE8 1PW , this flat's estimated value ranks 77th out of 79. Based on price per square foot, it ranks 50th out of 59 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 58th out of 59 properties in its postcode area.

Sale History

Today
£99,734
streetscan.co.uk estimate
+217 %
2 May 2000
£31,500
Leasehold

Area Insights

Nearby Properties

rooms: 2
size: 495 sq ft
sale price: £106,500
sale date: 25 Sep 2019
rooms: 4
size: 797 sq ft
sale price: £145,000
sale date: 13 Sep 2023
rooms: 3
size: 635 sq ft
sale price: £141,000
sale date: 7 Feb 2022
rooms: 5
size: 1098 sq ft
sale price: £125,000
sale date: 17 Nov 2006
rooms: 3
size: 646 sq ft
sale price: £107,000
sale date: 5 Jul 2013

Data Sources

The property at 7 Village Heights, Gateshead, Tyne And Wear, NE8 1PW appears once in the Land Registry records, with the transaction recorded on 2 May 2000. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Aug 2020. 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.