7 Fountains Close

    7, FOUNTAINS CLOSE, GATESHEAD, NE11 9PX

    This detached leasehold property on Fountains Close last sold in March 2021 for £290,000. Based on price growth in the NE11 district since then, its estimated current value is £336,353 — placing it in the 57th percentile nationally and the 92nd percentile within NE11. The property covers 102 m² (1,098 sq ft), giving an estimated value of £3,298 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    1,098 sq ft

    102 m²

    Last Sale Price

    £290,000

    Mar 2021

    Estimated Valuation

    £336,353

    Est. £/sq ft

    £306/sq ft

    £3,298/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,098 sq ft (102 m²)
    EPC dateJun 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2021

    £290,000

    5 Jul 2013

    £220,000

    22 Jun 2001

    £120,000

    5 Jan 1996

    £90,000

    Key Metrics

    Estimated valuation£336,353
    Value per sq ft / m²£306/sq ft (£3,298/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile92nd percentile
    National percentile57th 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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