29 Market Lane

    29, MARKET LANE, GATESHEAD, NE11 9NX

    This terraced freehold property on Market Lane last sold in January 2022 for £137,000. Based on price growth in the NE11 district since then, its estimated current value is £164,414 — placing it in the 16th percentile nationally and the 50th percentile within NE11. The property covers 97 m² (1,044 sq ft), giving an estimated value of £1,695 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £137,000

    Jan 2022

    Estimated Valuation

    £164,414

    Est. £/sq ft

    £157/sq ft

    £1,695/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,044 sq ft (97 m²)
    EPC dateMay 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Jan 2022

    £137,000

    10 Oct 2014

    £81,000

    Key Metrics

    Estimated valuation£164,414
    Value per sq ft / m²£157/sq ft (£1,695/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile50th percentile
    National percentile16th 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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