8 Meadow Lane

    8, MEADOW LANE, GATESHEAD, NE11 9PN

    This terraced freehold property on Meadow Lane last sold in June 2023 for £133,000. Based on price growth in the NE11 district since then, its estimated current value is £139,154 — placing it in the 10th percentile nationally and the 32nd percentile within NE11. The property covers 76 m² (818 sq ft), giving an estimated value of £1,831 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £133,000

    Jun 2023

    Estimated Valuation

    £139,154

    Est. £/sq ft

    £170/sq ft

    £1,831/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area818 sq ft (76 m²)
    EPC dateMar 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Jun 2023

    £133,000

    Key Metrics

    Estimated valuation£139,154
    Value per sq ft / m²£170/sq ft (£1,831/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile32nd percentile
    National percentile10th 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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