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Colombo Square  Worsdell Drive

Colombo Square Worsdell Drive

Last update: Sep 2024

Building Overview

of Colombo Square Worsdell Drive

Colombo Square, Worsdell Drive, Gateshead, NE8 is a residential building located on Worsdell Drive, Gateshead, NE8. It is the 348th largest building in the NE8 area.

It contains 99 flats and 1 unknown and the most common type of property is a modern flat built after 1980.

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Average property prices

in Colombo Square, Worsdell Drive, Gateshead, NE8

The average house value is £142,315. Sales values have increased in the last 12 months by 2.6% and Rental values have increased by 9.2%.

Property sale values range from £62,157 for a studio leasehold flat of 161 square feet and has a balcony to £308,340 for a leasehold flat, with 3 bedrooms split across 1,507 square feet of gross internal area and has a balcony.

Average £/ft2 for properties in Colombo Square, Worsdell Drive, Gateshead, NE8 is £220/ft2.

Properties achieve a rental yield of between 6.3% and 8%, and rental values range from £399 to £1,625 per month.

Sale value change
12 months
2.6%
Rental value change
12 months
9.2%
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Recent sales

within Colombo Square, Worsdell Drive, Gateshead, NE8

The last sale was 11 Jun 2024 for £180,000 and since then the market in the area has increased by 3.3%. The building has had a total of 4 sales since 1995.

Colombo Square, Worsdell Drive, Gateshead, NE8 has seen 4 sales in the last three years and 4 sales in the last twelve months.

£180,000
Jun-2024
Sold
£189,000
May-2024
Sold
£190,000
May-2024
Sold
£127,500
May-2024
Sold
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Property types

in Colombo Square, Worsdell Drive, Gateshead, NE8

Colombo Square, Worsdell Drive, Gateshead, NE8 is a residential building located on Worsdell Drive, Gateshead, NE8 with 99 flats and 1 unknown.

The most common property type in Colombo Square, Worsdell Drive, Gateshead, NE8 is a modern flat built after 1980.

modern flat (95)
flat (4)
Unknown (1)
Energy Efficiency

Energy Efficiency

of properties within Colombo Square, Worsdell Drive, Gateshead, NE8

The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.

A (0)
E (6)
B (94)
F (0)
C (329)
G (0)
D (122)
No EPC (6)
Schools nearby

Schools nearby

to Colombo Square, Worsdell Drive, Gateshead, NE8

The nearest primary school to Colombo Square, Worsdell Drive, Gateshead, NE8 is St Joseph's Catholic Primary School, Gateshead which is 800 metres away and is rated Good by Ofsted.
800 m
St Joseph's Catholic Primary School, Gateshead
Good
1.2 km
Our Lady and St Anne's Catholic Primary School
Good
1.3 km
Caedmon Community Primary School
Good
The nearest secondary school is North East Futures UTC which is 500 metres away and is rated RequiresImprovement by Ofsted.
500 m
North East Futures UTC
Requires improvement
1.1 km
Callerton Academy
Good
3.1 km
Kingsmeadow Community Comprehensive School
Good
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to Colombo Square, Worsdell Drive, Gateshead, NE8

The closest station to Colombo Square, Worsdell Drive, Gateshead, NE8 is Newcastle station which is 700 metres away.

700 m
Newcastle
1.1 km
Manors
2.5 km
Dunston
3.6 km
MetroCentre
Source: National Rail
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