Property data
Sale history
Date Paid price Annual growth After inflation
Feb 2012 £158,500 1.4% -1.3%
Dec 2006 £147,500 11.6% 9.4%
Apr 2002 £89,000 17.8% 15.8%
Feb 1997 £38,000 na na
Internal area
71 square metres (764 square feet) according to latest EPC inspection
Price per internal area

This property sold for £2,232 per square metre (£207 per square foot) in Feb 2012. Indexed forward to today's value, this is roughly £3,208 per square metre (£298 per square foot) .

Date Paid price Paid £/sqm Today's value Today's value £/sqm
Feb 2012 £158,500 £2,232 £227,745 £3,208
Dec 2006 £147,500 £2,077 £209,628 £2,953
Apr 2002 £89,000 £1,254 £235,539 £3,317
Feb 1997 £38,000 £535 £148,528 £2,092

Calculated using the latest EPC internal area of 71 m². Earlier sale dates may not have had the same measured area available.

Valuation
The most recent sale price indexed forward to today's value is £227,745. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Gateshead are now selling for between £1,440 and £2,430 per square metre (£133 and £225 per square foot). Based on an internal area of 71 m², this implies a valuation between £102,000 and £173,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
Bedrooms
2
Type
Terrace
Council tax band
B
Plot size
166 square metres (1,787 square feet) - map showing freehold boundary lines
Archived listings
History:
Archived sales listing for 2 Prospect Terrace. Advertised on multiple portals. It was reduced on 29/10/2011. It last appeared Feb 2012.
Photos:

There are 21 archived estate agent listing photos for 2 Prospect Terrace.

Photos for 2 Prospect Terrace
View photos
Advertiser remarks:
  • 2 bedrooms
EPC Inspections
Summary:
28 July 2011 - energy performance certificate grade D
Reason for EPC:
None
Tenure:
Owner-occupied
Property type:
None , has 4 habitable rooms. Estimated year built 1900 to 1929
Area:
71 sqm (764 square foot) total internal area
Comments: