1 Lanchester Close

    1, LANCHESTER CLOSE, GATESHEAD, NE10 8RF

    This semi-detached freehold property on Lanchester Close last sold in December 2014 for £150,000. Based on price growth in the NE10 district since then, its estimated current value is £204,252 — placing it in the 26th percentile nationally and the 79th percentile within NE10. The property covers 69 m² (743 sq ft), giving an estimated value of £2,960 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £150,000

    Dec 2014

    Estimated Valuation

    £204,252

    Est. £/sq ft

    £275/sq ft

    £2,960/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area743 sq ft (69 m²)
    EPC dateAug 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Dec 2014

    £150,000

    7 Feb 2014

    £135,000

    27 Oct 2000

    £56,000

    Key Metrics

    Estimated valuation£204,252
    Value per sq ft / m²£275/sq ft (£2,960/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile79th percentile
    National percentile26th 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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