428 Lobley Hill Road

    428, LOBLEY HILL ROAD, GATESHEAD, NE11 0BS

    This detached freehold property on Lobley Hill Road last sold in January 2019 for £350,000. Based on price growth in the NE11 district since then, its estimated current value is £489,721 — placing it in the 78th percentile nationally and the 99th percentile within NE11. The property covers 228 m² (2,454 sq ft), giving an estimated value of £2,148 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,454 sq ft

    228 m²

    Last Sale Price

    £350,000

    Jan 2019

    Estimated Valuation

    £489,721

    Est. £/sq ft

    £200/sq ft

    £2,148/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area2,454 sq ft (228 m²)
    EPC dateAug 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Jan 2019

    £350,000

    26 Oct 1999

    £130,000

    21 Jan 1997

    £115,000

    Key Metrics

    Estimated valuation£489,721
    Value per sq ft / m²£200/sq ft (£2,148/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile99th percentile
    National percentile78th 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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