39 Market Lane

    39, MARKET LANE, GATESHEAD, GATESHEAD, NE11 9NX

    This terraced freehold property on Market Lane last sold in January 2007 for £120,000. Based on price growth in the NE11 district since then, its estimated current value is £170,966 — placing it in the 17th percentile nationally and the 55th percentile within NE11. The property covers 128 m² (1,378 sq ft), giving an estimated value of £1,336 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,378 sq ft

    128 m²

    Last Sale Price

    £120,000

    Jan 2007

    Estimated Valuation

    £170,966

    Est. £/sq ft

    £124/sq ft

    £1,336/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,378 sq ft (128 m²)
    EPC dateJun 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Jan 2007

    £120,000

    Key Metrics

    Estimated valuation£170,966
    Value per sq ft / m²£124/sq ft (£1,336/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile55th percentile
    National percentile17th 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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