490 Lobley Hill Road

    490, LOBLEY HILL ROAD, GATESHEAD, NE11 0AL

    This semi-detached freehold property on Lobley Hill Road last sold in October 2023 for £270,500. Based on price growth in the NE11 district since then, its estimated current value is £266,024 — placing it in the 41st percentile nationally and the 87th percentile within NE11. The property covers 150 m² (1,615 sq ft), giving an estimated value of £1,773 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,615 sq ft

    150 m²

    Last Sale Price

    £270,500

    Oct 2023

    Estimated Valuation

    £266,024

    Est. £/sq ft

    £165/sq ft

    £1,773/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,615 sq ft (150 m²)
    EPC dateJun 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Oct 2023

    £270,500

    Key Metrics

    Estimated valuation£266,024
    Value per sq ft / m²£165/sq ft (£1,773/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile87th percentile
    National percentile41st percentile

    District Context — NE11

    NE11 covers Cramlington and surrounding areas in south-east Northumberland, situated between Newcastle and the coast. It is a largely suburban district with a strong family-oriented character and established residential communities.

    Average Property Price - NE11

    £184,538

    8

    National percentile

    Average Net Household Income - NE11

    £34,075

    26

    National percentile

    10-Year Annualised Price Growth - NE11

    4.0%

    67

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE11

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