2 Grace Street

    2, GRACE STREET, GATESHEAD, NE11 9NT

    This terraced freehold property on Grace Street last sold in July 2023 for £145,000. Based on price growth in the NE11 district since then, its estimated current value is £151,709 — placing it in the 13th percentile nationally and the 42nd percentile within NE11. The property covers 106 m² (1,141 sq ft), giving an estimated value of £1,431 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,141 sq ft

    106 m²

    Last Sale Price

    £145,000

    Jul 2023

    Estimated Valuation

    £151,709

    Est. £/sq ft

    £133/sq ft

    £1,431/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,141 sq ft (106 m²)
    EPC dateFeb 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jul 2023

    £145,000

    27 Nov 2015

    £111,000

    25 Nov 2010

    £69,500

    Key Metrics

    Estimated valuation£151,709
    Value per sq ft / m²£133/sq ft (£1,431/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile42nd percentile
    National percentile13th 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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