58 Palatine Place

    58, PALATINE PLACE, GATESHEAD, NE11 9SR

    This semi-detached freehold property on Palatine Place last sold in January 2014 for £162,000. Based on price growth in the NE11 district since then, its estimated current value is £229,586 — placing it in the 32nd percentile nationally and the 81st percentile within NE11. The property covers 124 m² (1,335 sq ft), giving an estimated value of £1,852 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,335 sq ft

    124 m²

    Last Sale Price

    £162,000

    Jan 2014

    Estimated Valuation

    £229,586

    Est. £/sq ft

    £172/sq ft

    £1,852/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,335 sq ft (124 m²)
    EPC dateMay 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Jan 2014

    £162,000

    25 Aug 2006

    New build

    £184,950

    Key Metrics

    Estimated valuation£229,586
    Value per sq ft / m²£172/sq ft (£1,852/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile81st percentile
    National percentile32nd 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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