87 Rectory Road, Gateshead, NE8 1XJ is a leasehold terraced property built between 1900-1929. The property offers approximately 743 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £57,980 , which equates to approximately £78 per square foot. It was last sold on 25 Jun 2019 for £47,500. Since then, the value has increased by £10,480, representing a 22.1% increase, or approximately 3.4% per year.

The current estimated value of £57,980 is:

  • 45.7% lower than the average property price on Rectory Road
  • 36.7% lower than the average in the NE8 1XJ postcode area
  • and 67.2% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 21 March 2019, the property was recorded as owner-occupied.

View sold house prices in NE8 1XJ

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
743 sq ft
Tenure
Leasehold
Price (estimate)
£57,980
Price Per sq ft (estimate)
£78
Bedroom Count (estimate)
2 bedrooms

EPC Summary

87 Rectory Road, Gateshead, Tyne And Wear, NE8 1XJ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 21 Mar 2019.

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 19 Dec 2008. The rating of D remains the same, but the energy efficiency score improved by 1.5%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 10% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE8 1XJ

18 th / 21
Price Rank
37% lower than average
4 th / 19
Size Rank
2% bigger than average
17 th / 19
Price Per Sq FT Rank
38% lower than average

Compared to other properties in NE8 1XJ , this flat's estimated value ranks 18th out of 21. Based on price per square foot, it ranks 17th out of 19 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 4th out of 19 properties in its postcode area.

Sale History

Today
£57,980
streetscan.co.uk estimate
+22 %
25 Jun 2019
£47,500
Leasehold
+107 %
30 Aug 2002
£22,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 743 sq ft
sale price: £99,000
sale date: 6 May 2022
rooms: 4
size: 743 sq ft
sale price: £47,500
sale date: 25 Jun 2019
rooms: 2
size: 678 sq ft
sale price: £36,000
sale date: 18 Jul 2003
rooms: 4
size: 732 sq ft
sale price: £24,000
sale date: 3 Jun 1998
rooms: 3
size: 753 sq ft
sale price: £147,000
sale date: 12 Jun 2024

Data Sources

The property at 87 Rectory Road, Gateshead, NE8 1XJ appears two times in the Land Registry records, with the latest transaction recorded on 25 Jun 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Mar 2019. 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.