18 Grebe Close

    18, GREBE CLOSE, GATESHEAD, NE11 9FE

    This flat/maisonette leasehold property on Grebe Close last sold in October 2021 for £86,000. Based on price growth in the NE11 district since then, its estimated current value is £88,467 — placing it in the 2nd percentile nationally and the 8th percentile within NE11. The property covers 57 m² (614 sq ft), giving an estimated value of £1,552 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £86,000

    Oct 2021

    Estimated Valuation

    £88,467

    Est. £/sq ft

    £144/sq ft

    £1,552/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 area614 sq ft (57 m²)
    EPC dateMay 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    8 Oct 2021

    £86,000

    6 Feb 2004

    £110,000

    2 May 2003

    New build

    £84,950

    Key Metrics

    Estimated valuation£88,467
    Value per sq ft / m²£144/sq ft (£1,552/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile8th percentile
    National percentile2nd 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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