3 Grange Manor Grange Lane

    3 GRANGE MANOR, GRANGE LANE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5JS

    This flat/maisonette leasehold property on Grange Lane last sold in July 2005 for £70,000. Based on price growth in the NE16 district since then, its estimated current value is £75,555 — placing it in the 1st percentile nationally and the 4th percentile within NE16. The property covers 60 m² (646 sq ft), giving an estimated value of £1,259 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £70,000

    Jul 2005

    Estimated Valuation

    £75,555

    Est. £/sq ft

    £117/sq ft

    £1,259/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area646 sq ft (60 m²)
    EPC dateMar 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jul 2005

    New build

    £70,000

    Key Metrics

    Estimated valuation£75,555
    Value per sq ft / m²£117/sq ft (£1,259/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE16 district percentile4th percentile
    National percentile1st percentile

    District Context — NE16

    NE16 covers the areas south and west of Gateshead, including Whickham, Ryton and Crawcrook, sitting between the Tyne Valley and the northern suburbs of the conurbation. It is a relatively affluent, established residential district with strong owner-occupation and a mature demographic profile.

    Average Property Price - NE16

    £225,305

    20

    National percentile

    Average Net Household Income - NE16

    £37,049

    44

    National percentile

    10-Year Annualised Price Growth - NE16

    2.7%

    19

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE16

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