Property data
Sale history
£72,000 on Nov 2018

*This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.

Internal area
63 square metres (678 square feet) according to latest EPC inspection
Price per internal area

This property sold for £1,142 per square metre (£106 per square foot) in Nov 2018. Indexed forward to today's value, this is roughly £1,407 per square metre (£131 per square foot) .

Date Paid price Paid £/sqm Today's value Today's value £/sqm
Nov 2018 £72,000 £1,143 £88,622 £1,407

Calculated using the latest EPC internal area of 63 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 £88,622. 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 £1,680 and £2,670 per square metre (£156 and £248 per square foot). Based on an internal area of 63 m², this implies a valuation between £106,000 and £168,000. 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
Flat
Council tax band
A
Company ownership
Title number
TY561791
Tenure
Leasehold/other
Title address
601 Durham Road, Gateshead
Owner
TRI PROPERTIES LIMITED (Company reference number: 10384329)
Proprietor address: Tri House, Balliol Business Park, Benton Lane, Newcastle Upon Tyne NE12 8EW
Price paid on title: £72,000
Ownership record added to Land Registry's corporate ownership dataset 10 Dec 2018
EPC Inspections
Summary:
27 September 2018 - energy performance certificate grade D
Reason for EPC:
Marketed sale
Tenure:
Owner-occupied
Property type:
1st floor flat in an apartment block with 1 storeys , has 3 habitable rooms. Estimated year built 1900 to 1929
Area:
63 sqm (678 square foot) total internal area
Comments:
Walls: Cavity wall, as built, no insulation (assumed). Roof: (another dwelling above). Heating: Boiler and radiators, mains gas.