17 Palatine Place

    17, PALATINE PLACE, GATESHEAD, NE11 9SR

    This flat/maisonette leasehold property on Palatine Place last sold in December 2021 for £85,000. Based on price growth in the NE11 district since then, its estimated current value is £87,439 — placing it in the 2nd percentile nationally and the 7th percentile within NE11. The property covers 59 m² (635 sq ft), giving an estimated value of £1,482 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £85,000

    Dec 2021

    Estimated Valuation

    £87,439

    Est. £/sq ft

    £138/sq ft

    £1,482/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area635 sq ft (59 m²)
    EPC dateJul 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    10 Dec 2021

    £85,000

    26 Jun 2006

    New build

    £99,950

    Key Metrics

    Estimated valuation£87,439
    Value per sq ft / m²£138/sq ft (£1,482/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile7th 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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