10 Wallace Street

    10, WALLACE STREET, GATESHEAD, NE11 9AY

    This terraced freehold property on Wallace Street last sold in April 2016 for £75,000. Based on price growth in the NE11 district since then, its estimated current value is £113,413 — placing it in the 6th percentile nationally and the 18th percentile within NE11. The property covers 73 m² (786 sq ft), giving an estimated value of £1,554 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £75,000

    Apr 2016

    Estimated Valuation

    £113,413

    Est. £/sq ft

    £144/sq ft

    £1,554/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area786 sq ft (73 m²)
    EPC dateFeb 2016
    WallsTimber frame, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Apr 2016

    £75,000

    Key Metrics

    Estimated valuation£113,413
    Value per sq ft / m²£144/sq ft (£1,554/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile18th percentile
    National percentile6th 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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