2 Grebe Close

    2, GREBE CLOSE, GATESHEAD, NE11 9FE

    This terraced freehold property on Grebe Close last sold in June 2006 for £124,000. Based on price growth in the NE11 district since then, its estimated current value is £195,394 — placing it in the 23rd percentile nationally and the 69th percentile within NE11. The property covers 87 m² (936 sq ft), giving an estimated value of £2,246 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    936 sq ft

    87 m²

    Last Sale Price

    £124,000

    Jun 2006

    Estimated Valuation

    £195,394

    Est. £/sq ft

    £209/sq ft

    £2,246/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area936 sq ft (87 m²)
    EPC dateJan 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jun 2006

    £124,000

    28 Mar 2003

    New build

    £84,950

    Key Metrics

    Estimated valuation£195,394
    Value per sq ft / m²£209/sq ft (£2,246/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile69th percentile
    National percentile23rd 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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