23 Market Lane

    23, MARKET LANE, GATESHEAD, GATESHEAD, NE11 9NX

    This flat/maisonette freehold property on Market Lane last sold in January 2007 for £79,650. Based on price growth in the NE11 district since then, its estimated current value is £79,956 — placing it in the 2nd percentile nationally and the 5th percentile within NE11. The property covers 57 m² (614 sq ft), giving an estimated value of £1,403 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £79,650

    Jan 2007

    Estimated Valuation

    £79,956

    Est. £/sq ft

    £130/sq ft

    £1,403/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area614 sq ft (57 m²)
    EPC dateJul 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Jan 2007

    £79,650

    13 Nov 2002

    £32,500

    Key Metrics

    Estimated valuation£79,956
    Value per sq ft / m²£130/sq ft (£1,403/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile5th 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

    More properties in NE11

    Streets in NE11

    Explore nearby