55 Market Lane

    55, MARKET LANE, GATESHEAD, GATESHEAD, NE11 9NX

    This terraced freehold property on Market Lane last sold in November 2007 for £130,000. Based on price growth in the NE11 district since then, its estimated current value is £185,213 — placing it in the 21st percentile nationally and the 63rd percentile within NE11. The property covers 88 m² (947 sq ft), giving an estimated value of £2,105 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £130,000

    Nov 2007

    Estimated Valuation

    £185,213

    Est. £/sq ft

    £196/sq ft

    £2,105/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area947 sq ft (88 m²)
    EPC dateMar 2026
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Nov 2007

    £130,000

    11 Mar 1999

    £52,000

    Key Metrics

    Estimated valuation£185,213
    Value per sq ft / m²£196/sq ft (£2,105/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile63rd percentile
    National percentile21st 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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