7 Meadow Close

    7, MEADOW CLOSE, GATESHEAD, GATESHEAD, NE11 9PQ

    This terraced freehold property on Meadow Close last sold in December 2006 for £93,000. Based on price growth in the NE11 district since then, its estimated current value is £146,545 — placing it in the 12th percentile nationally and the 38th percentile within NE11. The property covers 68 m² (732 sq ft), giving an estimated value of £2,155 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £93,000

    Dec 2006

    Estimated Valuation

    £146,545

    Est. £/sq ft

    £200/sq ft

    £2,155/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area732 sq ft (68 m²)
    EPC dateAug 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Dec 2006

    £93,000

    29 Jun 2001

    £41,000

    27 Aug 1999

    £39,950

    25 Oct 1996

    £26,000

    Key Metrics

    Estimated valuation£146,545
    Value per sq ft / m²£200/sq ft (£2,155/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile38th percentile
    National percentile12th 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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