48 Market Lane

    48, MARKET LANE, GATESHEAD, NE11 9NY

    This terraced leasehold property on Market Lane last sold in March 2018 for £69,000. Based on price growth in the NE11 district since then, its estimated current value is £86,826 — placing it in the 2nd percentile nationally and the 7th percentile within NE11.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    Last Sale Price

    £69,000

    Mar 2018

    Estimated Valuation

    £86,826

    Est. £/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formNot available
    Construction ageNot available
    Habitable roomsNot available
    Main fuelNot available
    EPC currentNot available
    EPC potentialNot available
    Floor areaNot available
    EPC dateNot available
    WallsNot available
    HeatingNot available

    Transaction History

    27 Mar 2018

    £69,000

    7 Sept 2012

    £75,000

    20 Oct 1997

    £30,000

    Key Metrics

    Estimated valuation£86,826
    Value per sq ft / m²Not available
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile7th 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

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