118 Meadow Lane

    118, MEADOW LANE, GATESHEAD, NE11 9PP

    This flat/maisonette leasehold property on Meadow Lane last sold in December 2020 for £69,950. Based on price growth in the NE11 district since then, its estimated current value is £83,082 — placing it in the 2nd percentile nationally and the 6th percentile within NE11. The property covers 71 m² (764 sq ft), giving an estimated value of £1,170 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £69,950

    Dec 2020

    Estimated Valuation

    £83,082

    Est. £/sq ft

    £109/sq ft

    £1,170/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area764 sq ft (71 m²)
    EPC dateSept 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Dec 2020

    £69,950

    29 May 2015

    £49,995

    17 Aug 2006

    £78,000

    25 Oct 2005

    £55,000

    Key Metrics

    Estimated valuation£83,082
    Value per sq ft / m²£109/sq ft (£1,170/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile6th 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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