Property data
Sale history
Date Paid price Annual growth After inflation
Nov 2021 £131,600 * -0.2% -2.4%
Jan 2008 New build New £136,000 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
60 square metres (646 square feet) according to latest EPC inspection
Price per internal area

This property sold for £2,193 per square metre (£204 per square foot) in Nov 2021. Indexed forward to today's value, this is roughly £2,475 per square metre (£230 per square foot) .

Date Paid price Paid £/sqm Today's value Today's value £/sqm
Nov 2021 £131,600 £2,193 £148,494 £2,475
Jan 2008 £136,000 £2,267 £118,125 £1,969

Calculated using the latest EPC internal area of 60 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 £148,494. 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 60 m², this implies a valuation between £120,000 and £154,000. 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
C
Company ownership
Title number
TY467958
Tenure
Leasehold/other
Title address
80 Colombo Square, Worsdell Drive, Gateshead
Owner
SL SHEK LIMITED (Company reference number: 10665760)
Proprietor address: 17 Orangetip Gardens, Newcastle Upon Tyne NE13 9EG
Price paid on title: £131,600
Ownership record added to Land Registry's corporate ownership dataset 20 Dec 2021
EPC Inspections
Summary:
03 April 2018 - energy performance certificate grade C
Certificate:
View energy certificate on GOV.UK
Reason for EPC:
Rental
Tenure:
Private rental
Property type:
2nd floor flat in an apartment block with 1 storeys , has 3 habitable rooms. Estimated year built 2003 to 2006
Area:
60 sqm (646 square foot) total internal area
Comments:
Walls: Timber frame, as built, insulated (assumed). Roof: (another dwelling above). Heating: Room heaters, electric.