33 Palatine Place

    33, PALATINE PLACE, GATESHEAD, NE11 9SR

    This flat/maisonette leasehold property on Palatine Place last sold in July 2020 for £83,000. Based on price growth in the NE11 district since then, its estimated current value is £98,581 — placing it in the 4th percentile nationally and the 11th percentile within NE11. The property covers 60 m² (646 sq ft), giving an estimated value of £1,643 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £83,000

    Jul 2020

    Estimated Valuation

    £98,581

    Est. £/sq ft

    £153/sq ft

    £1,643/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area646 sq ft (60 m²)
    EPC dateOct 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    22 Jul 2020

    £83,000

    22 Jan 2016

    £87,500

    13 Dec 2006

    New build

    £94,950

    Key Metrics

    Estimated valuation£98,581
    Value per sq ft / m²£153/sq ft (£1,643/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile11th percentile
    National percentile4th 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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