2 Cragleas

    2, CRAGLEAS, HOBSON, NEWCASTLE UPON TYNE, NE16 6EH

    This detached leasehold property on Cragleas last sold in November 2005 for £198,000. Based on price growth in the NE16 district since then, its estimated current value is £302,926 — placing it in the 50th percentile nationally and the 77th percentile within NE16.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    Last Sale Price

    £198,000

    Nov 2005

    Estimated Valuation

    £302,926

    Est. £/sq ft

    Property Details

    TypeDetached
    TenureLeasehold
    Built formNot available
    Construction ageNot available
    Habitable roomsNot available
    Main fuelNot available
    EPC currentNot available
    EPC potentialNot available
    Floor areaNot available
    EPC dateNot available
    WallsNot available
    HeatingNot available

    Transaction History

    25 Nov 2005

    £198,000

    Key Metrics

    Estimated valuation£302,926
    Value per sq ft / m²Not available
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE16 district percentile77th percentile
    National percentile50th 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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