7, Brack Terrace, NE10 0TT
7 Brack Terrace is a 69 m² flat in Gateshead. It sold for £49,000 in Feb 2018.
- Sale history
-
Date Paid price Tenure Annual growth After inflation Feb 2018 £49,000 * Leasehold -5.0% -7.0% Jun 2007 £84,500 Freehold 19.6% 16.8% Dec 2006 £78,000 Leasehold 17.2% 15.1% Jul 2000 £28,000 Freehold 40.2% 38.9% Oct 1999 £21,750 Leasehold -5.3% -7.7% Jul 1999 £22,000 Leasehold na na *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
- 69 square metres (743 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £710 per square metre (£66 per square foot) in Feb 2018. Indexed forward to today's value, this is roughly £910 per square metre (£85 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Feb 2018 £49,000 £710 £62,799 £910 Jun 2007 £84,500 £1,225 £97,889 £1,419 Dec 2006 £78,000 £1,130 £93,263 £1,352 Jul 2000 £28,000 £406 £90,512 £1,312 Oct 1999 £21,750 £315 £70,870 £1,027 Jul 1999 £22,000 £319 £71,190 £1,032 Calculated using the latest EPC internal area of 69 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 £62,799. 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 £1,110 and £1,800 per square metre (£103 and £167 per square foot). Based on an internal area of 69 m², this implies a valuation between £77,000 and £124,000. 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
- Title number
- TY258693
- Tenure
- Leasehold/other
- Title address
- 7 Brack Terrace, Bill Quay
- Owner
-
YD PROPERTIES LTD
(Company reference number: 11098849)
Proprietor address: 9 Bewick Road, Gateshead NE8 4DP
Price paid on title: £49,000
Ownership record added to Land Registry's corporate ownership dataset 27 Feb 2018
- History:
- Archived sales listing for 7 Brack Terrace. Advertised on multiple portals. It was reduced on 24/11/2017. It last appeared Nov 2017.
- Photos:
-
There are 8 archived estate agent listing photos for 7 Brack Terrace.
- Advertiser remarks:
-
- 2 bedrooms
- Summary:
- 03 February 2014 - 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 before 1900
- Area:
- 69 sqm (743 square foot) total internal area
- Comments:
- Walls: Solid brick, as built, no insulation (assumed). Roof: (another dwelling above). Heating: Boiler and radiators, mains gas.