14 Market Lane

    14, MARKET LANE, GATESHEAD, NE11 9NY

    This flat/maisonette leasehold property on Market Lane last sold in November 2018 for £85,000. Based on price growth in the NE11 district since then, its estimated current value is £99,211 — placing it in the 4th percentile nationally and the 12th percentile within NE11. The property covers 106 m² (1,141 sq ft), giving an estimated value of £936 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,141 sq ft

    106 m²

    Last Sale Price

    £85,000

    Nov 2018

    Estimated Valuation

    £99,211

    Est. £/sq ft

    £87/sq ft

    £936/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,141 sq ft (106 m²)
    EPC dateJun 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Nov 2018

    £85,000

    29 Jul 2005

    £97,250

    Key Metrics

    Estimated valuation£99,211
    Value per sq ft / m²£87/sq ft (£936/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile12th percentile
    National percentile4th 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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