74 Chaucer Close, Gateshead, NE8 3NQ is a leasehold other property built between 1983-1990. The property offers approximately 592 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £104,889 , which equates to approximately £177 per square foot. It was last sold on 3 Apr 2023 for £102,500. Since then, the value has increased by £2,389, representing a 2.3% increase, or approximately 0.9% per year.

The current estimated value of £104,889 is:

  • 29.1% lower than the average property price on Chaucer Close
  • 32.6% lower than the average in the NE8 3NQ postcode area
  • and 40.6% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 5 August 2014, the property was recorded as owner-occupied.

View sold house prices in NE8 3NQ

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
592 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£104,889
Price Per sq ft (estimate)
£177
Bedroom Count (estimate)
1 bedroom

EPC Summary

74 Chaucer Close, Gateshead, Tyne And Wear, NE8 3NQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 5 Aug 2014.

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 the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE8 3NQ

55 th / 60
Price Rank
33% lower than average
30 th / 37
Size Rank
15% smaller than average
30 th / 37
Price Per Sq FT Rank
20% lower than average

Compared to other properties in NE8 3NQ , this flat's estimated value ranks 55th out of 60. Based on price per square foot, it ranks 30th out of 37 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 30th out of 37 properties in its postcode area.

Sale History

Today
£104,889
streetscan.co.uk estimate
+2 %
3 Apr 2023
£102,500
Leasehold
-0.5 %
24 Sep 2021
£103,000
Leasehold
+21.2 %
22 Aug 2014
£85,000
Leasehold
-20.6 %
23 Apr 2007
£107,000
Leasehold
+9.7 %
14 Jul 2005
£97,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 603 sq ft
sale price: £87,500
sale date: 2 Nov 2018
rooms: 3
size: 603 sq ft
sale price: £96,500
sale date: 15 Mar 2018
rooms: 3
size: 560 sq ft
sale price: £80,000
sale date: 30 Mar 2022

Data Sources

The property at 74 Chaucer Close, Gateshead, NE8 3NQ appears five times in the Land Registry records, with the latest transaction recorded on 3 Apr 2023. It also has a single Energy Performance Certificate (EPC) from 5 Aug 2014. 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.