1 Tranquil House, Gateshead
1 Tranquil House, Gateshead
Description & Estimates
According to the public record, 1 Tranquil House, Gateshead is a modern leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 1 Tranquil House, Gateshead is £136,504 and the estimated rental value is £781 per month.
The apartment is within Tranquil House, Worsdell Drive, Gateshead, NE8.
Worsdell Drive, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
Our Data Sources
1 Tranquil House, Gateshead has a single entry in the Land Registry from May 2009 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1 Tranquil House, Gateshead is in very good condition we estimate a sale value of £143,329 and a rental value of £821 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £126,949 and a rental value of £727 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1 Tranquil House, Gateshead has climbed by £1,526 (1.1%), while its estimated rental value has risen by £23 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 6.9%.
Energy Efficiency
1 Tranquil House, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Nov 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, 1 Tranquil House, Gateshead was last sold on 14th May 2009 for £97,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2009, the market for similar properties has risen by 7.1%.
- Sold May 2009£97,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Tranquil House, Gateshead within a radius of 510 metres over the last 2 years.
The most recent example is 6 Marmion Court, Worsdell Drive, Gateshead, NE8 2EY, a leasehold flat which sold for £100,000 on the 28th August 2024.
Read more about house prices in NE8.
- Sold Aug 2024£100,000 | 1 Bed Flat6 Marmion Court, Worsdell Drive, Gateshead, NE8 2EY6 Marmion Court, Worsdell Drive, Gateshead, NE8 2EY
- Sold Sep 2023£115,000 | 1 Bed Flat50 Cameronian Square, Worsdell Drive, Gateshead, NE8 2DB50 Cameronian Square, Worsdell Drive, Gateshead, NE8 2DB
- Sold Nov 2022£110,000 | 1 Bed Flat23 Marmion Court, Worsdell Drive, Gateshead, NE8 2EY23 Marmion Court, Worsdell Drive, Gateshead, NE8 2EY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Worsdell Drive, Gateshead, NE8 has a total of 557 addresses. According to our analysis of all the public data, 1 Tranquil House, Gateshead is the 519th largest and the 354th most expensive property on the street.
When compared to the postcode district it is £859 less expensive than the average property in NE8.
More reading links
Schools Nearby
- 900mSt Joseph's Catholic Primary School, Gateshead
- 1.2kmOur Lady and St Anne's Catholic Primary School
- 1.3kmChrist Church CofE Primary School
- 500mNorth East Futures UTC
- 3.2kmKingsmeadow Community School
- 3.6kmJesmond Park Academy
More reading links
Public Transport Nearby
The closest station to 1 Tranquil House, Gateshead is Newcastle station, which is 600 metres away.
- 600mNewcastle
- 1.0kmManors
- 2.5kmDunston
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
