496 Lobley Hill Road

    496, LOBLEY HILL ROAD, GATESHEAD, NE11 0AL

    This semi-detached freehold property on Lobley Hill Road last sold in October 2019 for £251,000. Based on price growth in the NE11 district since then, its estimated current value is £295,485 — placing it in the 48th percentile nationally and the 90th percentile within NE11. The property covers 120 m² (1,292 sq ft), giving an estimated value of £2,462 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,292 sq ft

    120 m²

    Last Sale Price

    £251,000

    Oct 2019

    Estimated Valuation

    £295,485

    Est. £/sq ft

    £229/sq ft

    £2,462/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,292 sq ft (120 m²)
    EPC dateFeb 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Oct 2019

    £251,000

    5 Oct 2017

    £190,000

    11 Apr 2014

    £187,000

    6 Dec 1996

    £57,000

    Key Metrics

    Estimated valuation£295,485
    Value per sq ft / m²£229/sq ft (£2,462/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile90th percentile
    National percentile48th 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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