2 Glebe Terrace

    2, GLEBE TERRACE, GATESHEAD, NE11 9NQ

    This flat/maisonette leasehold property on Glebe Terrace last sold in December 2014 for £47,000. Based on price growth in the NE11 district since then, its estimated current value is £64,307 — placing it in the 0th percentile nationally and the 2nd percentile within NE11. The property covers 69 m² (743 sq ft), giving an estimated value of £932 per m². The EPC rating is E, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £47,000

    Dec 2014

    Estimated Valuation

    £64,307

    Est. £/sq ft

    £87/sq ft

    £932/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area743 sq ft (69 m²)
    EPC dateSept 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Dec 2014

    £47,000

    21 Feb 2002

    £12,500

    Key Metrics

    Estimated valuation£64,307
    Value per sq ft / m²£87/sq ft (£932/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile2nd percentile
    National percentile0th 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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