418 Lobley Hill Road

    418, LOBLEY HILL ROAD, GATESHEAD, NE11 0BS

    This terraced freehold property on Lobley Hill Road last sold in June 2024 for £220,000. Based on price growth in the NE11 district since then, its estimated current value is £224,529 — placing it in the 31st percentile nationally and the 80th percentile within NE11. The property covers 112 m² (1,206 sq ft), giving an estimated value of £2,005 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,206 sq ft

    112 m²

    Last Sale Price

    £220,000

    Jun 2024

    Estimated Valuation

    £224,529

    Est. £/sq ft

    £186/sq ft

    £2,005/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,206 sq ft (112 m²)
    EPC dateNov 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jun 2024

    £220,000

    26 Apr 1996

    £53,500

    Key Metrics

    Estimated valuation£224,529
    Value per sq ft / m²£186/sq ft (£2,005/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile80th percentile
    National percentile31st 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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