Property data
Sale history
Date Paid price Annual growth After inflation
Aug 2014 £106,000 -1.9% -4.3%
Dec 2007 New build New £120,000 na na
Internal area
40 square metres (431 square feet) according to latest EPC inspection
Price per internal area

This property sold for £2,650 per square metre (£246 per square foot) in Aug 2014. Indexed forward to today's value, this is roughly £3,513 per square metre (£326 per square foot) .

Date Paid price Paid £/sqm Today's value Today's value £/sqm
Aug 2014 £106,000 £2,650 £140,523 £3,513
Dec 2007 £120,000 £3,000 £103,561 £2,589

Calculated using the latest EPC internal area of 40 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 £140,523. 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 £2,000 and £2,560 per square metre (£185 and £237 per square foot). Based on an internal area of 40 m², this implies a valuation between £80,000 and £102,000. 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
1
Type
Flat
Council tax band
B
EPC Inspections
Summary:
03 May 2014 - energy performance certificate grade D
Certificate:
View energy certificate on GOV.UK
Reason for EPC:
marketed sale
Tenure:
Owner-occupied
Property type:
2nd floor flat in an apartment block with 1 storeys , has 2 habitable rooms. Estimated year built 2007 to onwards
Area:
40 sqm (431 square foot) total internal area
Comments:
Walls: Cavity wall, as built, insulated (assumed). Roof: (another dwelling above). Heating: Room heaters, electric.