12 Grebe Close

    12, GREBE CLOSE, GATESHEAD, NE11 9FE

    This flat/maisonette leasehold property on Grebe Close last sold in January 2016 for £85,000. Based on price growth in the NE11 district since then, its estimated current value is £103,545 — placing it in the 4th percentile nationally and the 13th percentile within NE11. The property covers 55 m² (592 sq ft), giving an estimated value of £1,883 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £85,000

    Jan 2016

    Estimated Valuation

    £103,545

    Est. £/sq ft

    £175/sq ft

    £1,883/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateNov 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    25 Jan 2016

    £85,000

    22 May 2009

    £92,500

    2 May 2003

    New build

    £84,950

    Key Metrics

    Estimated valuation£103,545
    Value per sq ft / m²£175/sq ft (£1,883/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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