78 Meadow Lane

    78, MEADOW LANE, GATESHEAD, NE11 9PP

    This terraced freehold property on Meadow Lane last sold in August 2023 for £85,500. Based on price growth in the NE11 district since then, its estimated current value is £89,456 — placing it in the 3rd percentile nationally and the 8th percentile within NE11. The property covers 70 m² (753 sq ft), giving an estimated value of £1,278 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £85,500

    Aug 2023

    Estimated Valuation

    £89,456

    Est. £/sq ft

    £119/sq ft

    £1,278/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 area753 sq ft (70 m²)
    EPC dateApr 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Aug 2023

    £85,500

    Key Metrics

    Estimated valuation£89,456
    Value per sq ft / m²£119/sq ft (£1,278/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile8th percentile
    National percentile3rd 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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