94 Market Lane

    94, MARKET LANE, GATESHEAD, NE11 9NY

    This flat/maisonette leasehold property on Market Lane last sold in February 2017 for £79,950. Based on price growth in the NE11 district since then, its estimated current value is £104,047 — placing it in the 4th percentile nationally and the 14th percentile within NE11. The property covers 67 m² (721 sq ft), giving an estimated value of £1,553 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    721 sq ft

    67 m²

    Last Sale Price

    £79,950

    Feb 2017

    Estimated Valuation

    £104,047

    Est. £/sq ft

    £144/sq ft

    £1,553/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area721 sq ft (67 m²)
    EPC dateSept 2012
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Feb 2017

    £79,950

    18 Oct 2011

    £75,000

    25 Nov 2005

    £97,500

    13 Dec 1996

    £29,000

    20 Sept 1995

    £24,400

    Key Metrics

    Estimated valuation£104,047
    Value per sq ft / m²£144/sq ft (£1,553/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile14th 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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