The property you are viewing is located at 53 Shipcote Terrace, Gateshead NE8 4AA. This is a Flat with an estimated value of £113,789. The average value of properties on Shipcote Terrace, Gateshead, NE8 is £82,490 while the overall average value of properties in NE8 is £117,717.
Over the past 5 years, the average sold price of properties in Shipcote Terrace, Gateshead, NE8 is £79,000 and the average rent in the NE8 area is £422 pcm.
Sale History
Latest Sale: £77,000 | Sale Date: 7th Feb 2014 | Property Type: Flats/Maisonettes | Tenure: Leasehold
Previous Sale: £105,000 | Sale Date: 18th Jan 2008 | Property Type: Flats/Maisonettes | Tenure: Leasehold
Previous Sale: £78,000 | Sale Date: 29th Jul 2005 | Property Type: Flats/Maisonettes | Tenure: Leasehold
Previous Sale: £79,950 | Sale Date: 22nd Jul 2005 | Property Type: Semi-Detached | Tenure: Freehold
Previous Sale: £40,000 | Sale Date: 5th Sep 2003 | Property Type: Semi-Detached | Tenure: Freehold
Previous Sale: £40,000 | Sale Date: 1st Jul 2003 | Property Type: Flats/Maisonettes | Tenure: Leasehold
Previous Sale: £49,000 | Sale Date: 19th Feb 1999 | Property Type: Semi-Detached | Tenure: Freehold
Previous Sale: £22,950 | Sale Date: 16th Oct 1998 | Property Type: Flats/Maisonettes | Tenure: Leasehold
Disclaimer : Estimated price calculation of the properties is based on Price Paid Data from United Kingdom Land Registry Records available as public record from their website. This information is updated monthly and may not reflect all the public transactions. We strive to ensure that information is accurate and current but Estimates may not reflect the actual property price.
The rental estimates we provide are calculated on the basis of a gross rental yield average of 6.4%*, which is then applied to a property's overall value. This in turn produces an average monthly rent which is about 0.533% of the property's value. The rental yield average we use is extracted from Paragon Groups' latest quarterly report which can be seen
here.
Data produced by Land Registry © Crown copyright 2014.
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