5 Grebe Close

    5, GREBE CLOSE, GATESHEAD, NE11 9FD

    This flat/maisonette leasehold property on Grebe Close last sold in February 2022 for £90,000. Based on price growth in the NE11 district since then, its estimated current value is £101,119 — placing it in the 4th percentile nationally and the 13th percentile within NE11. The property covers 45 m² (484 sq ft), giving an estimated value of £2,247 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    484 sq ft

    45 m²

    Last Sale Price

    £90,000

    Feb 2022

    Estimated Valuation

    £101,119

    Est. £/sq ft

    £209/sq ft

    £2,247/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area484 sq ft (45 m²)
    EPC dateSept 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    4 Feb 2022

    £90,000

    27 Jun 2003

    New build

    £86,950

    Key Metrics

    Estimated valuation£101,119
    Value per sq ft / m²£209/sq ft (£2,247/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile13th percentile
    National percentile4th 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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