56 Palatine Place

    56, PALATINE PLACE, GATESHEAD, NE11 9SR

    This terraced freehold property on Palatine Place last sold in November 2021 for £150,000. Based on price growth in the NE11 district since then, its estimated current value is £192,381 — placing it in the 23rd percentile nationally and the 67th percentile within NE11. The property covers 86 m² (926 sq ft), giving an estimated value of £2,237 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £150,000

    Nov 2021

    Estimated Valuation

    £192,381

    Est. £/sq ft

    £208/sq ft

    £2,237/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area926 sq ft (86 m²)
    EPC dateMar 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Nov 2021

    £150,000

    27 Jun 2006

    New build

    £137,950

    Key Metrics

    Estimated valuation£192,381
    Value per sq ft / m²£208/sq ft (£2,237/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile67th percentile
    National percentile23rd 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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