59 Palatine Place

    59, PALATINE PLACE, GATESHEAD, NE11 9SR

    This semi-detached freehold property on Palatine Place last sold in June 2023 for £235,000. Based on price growth in the NE11 district since then, its estimated current value is £231,111 — placing it in the 33rd percentile nationally and the 82nd percentile within NE11. The property covers 127 m² (1,367 sq ft), giving an estimated value of £1,820 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,367 sq ft

    127 m²

    Last Sale Price

    £235,000

    Jun 2023

    Estimated Valuation

    £231,111

    Est. £/sq ft

    £169/sq ft

    £1,820/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,367 sq ft (127 m²)
    EPC dateJun 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Jun 2023

    £235,000

    30 Jan 2015

    £170,000

    28 Jul 2006

    New build

    £182,000

    Key Metrics

    Estimated valuation£231,111
    Value per sq ft / m²£169/sq ft (£1,820/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile82nd percentile
    National percentile33rd 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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