40 Watermill Lane

    40, WATERMILL LANE, GATESHEAD, GATESHEAD, NE10 9UL

    This semi-detached freehold property on Watermill Lane last sold in August 2008 for £155,000. Based on price growth in the NE10 district since then, its estimated current value is £214,201 — placing it in the 28th percentile nationally and the 82nd percentile within NE10. The property covers 132 m² (1,421 sq ft), giving an estimated value of £1,623 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,421 sq ft

    132 m²

    Last Sale Price

    £155,000

    Aug 2008

    Estimated Valuation

    £214,201

    Est. £/sq ft

    £151/sq ft

    £1,623/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,421 sq ft (132 m²)
    EPC dateJun 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Aug 2008

    £155,000

    28 Feb 2003

    £69,950

    Key Metrics

    Estimated valuation£214,201
    Value per sq ft / m²£151/sq ft (£1,623/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile82nd percentile
    National percentile28th percentile

    District Context — NE10

    NE10 covers the Chester-le-Street area in south-east Durham, positioned between Sunderland and Gateshead. It is a largely working-class community with a strong social housing presence and steady, affordable residential demand.

    Average Property Price - NE10

    £158,785

    4

    National percentile

    Average Net Household Income - NE10

    £31,483

    12

    National percentile

    10-Year Annualised Price Growth - NE10

    3.4%

    42

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE10

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