The Granary Spen Lane

    THE GRANARY, SPEN LANE, ROWLANDS GILL, NE39 2BZ

    This detached freehold property on Spen Lane last sold in September 2013 for £330,000. Based on price growth in the NE39 district since then, its estimated current value is £515,194 — placing it in the 80th percentile nationally and the 93rd percentile within NE39. The property covers 143 m² (1,539 sq ft), giving an estimated value of £3,603 per m². The EPC rating is F, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    143 m²

    (1,539 sq ft)

    Last Sale Price

    £330,000

    Sept 2013

    Estimated Valuation

    £515,194

    Est. £/m²

    £3,603/m²

    £335/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fueloil (not community)
    EPC currentF
    EPC potentialB
    Floor area143 m² (1,539 sq ft)
    EPC dateSept 2014
    WallsSandstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    27 Sept 2013

    £330,000

    23 Jun 2003

    £248,000

    Key Metrics

    Estimated valuation£515,194
    Value per m² / sq ft£3,603/m² (£335/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE39 district percentile93rd percentile
    National percentile80th percentile

    Other Properties on Spen Lane

    District Context — NE39

    NE39 covers areas in the eastern part of Tyne and Wear, sitting within the broader Newcastle and Gateshead region. It is a residential district with an older demographic profile and strong owner-occupation, appealing to established households and retirees.

    Average Property Price - NE39

    £242,974

    26

    National percentile

    Average Net Household Income - NE39

    £23,059

    2

    National percentile

    10-Year Annualised Price Growth - NE39

    2.7%

    20

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE39

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