11 Wallace Street

    11, WALLACE STREET, GATESHEAD, NE11 9AY

    This terraced freehold property on Wallace Street last sold in April 2022 for £98,000. Based on price growth in the NE11 district since then, its estimated current value is £117,610 — placing it in the 6th percentile nationally and the 20th percentile within NE11. The property covers 49 m² (527 sq ft), giving an estimated value of £2,400 per m². The EPC rating is E, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    527 sq ft

    49 m²

    Last Sale Price

    £98,000

    Apr 2022

    Estimated Valuation

    £117,610

    Est. £/sq ft

    £223/sq ft

    £2,400/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialA
    Floor area527 sq ft (49 m²)
    EPC dateApr 2013
    WallsTimber frame, as built, insulated (assumed)
    HeatingRoom heaters, mains gas

    Transaction History

    22 Apr 2022

    £98,000

    Key Metrics

    Estimated valuation£117,610
    Value per sq ft / m²£223/sq ft (£2,400/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile20th 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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