2 Park Lane

    2, PARK LANE, PRUDHOE, NE42 5LN

    This semi-detached freehold property on Park Lane last sold in September 2021 for £196,500. Based on price growth in the NE42 district since then, its estimated current value is £202,296 — placing it in the 25th percentile nationally and the 52nd percentile within NE42. The property covers 69 m² (743 sq ft), giving an estimated value of £2,932 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    69 m²

    (743 sq ft)

    Last Sale Price

    £196,500

    Sept 2021

    Estimated Valuation

    £202,296

    Est. £/m²

    £2,932/m²

    £272/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area69 m² (743 sq ft)
    EPC dateJun 2021
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    2 Sept 2021

    £196,500

    Key Metrics

    Estimated valuation£202,296
    Value per m² / sq ft£2,932/m² (£272/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE42 district percentile52nd percentile
    National percentile25th percentile

    District Context — NE42

    NE42 covers the south-eastern portion of Northumberland, including areas around Hexham and the South Tyne Valley. It is a rural and semi-rural district characterised by small market towns, countryside villages, and strong community heritage.

    Average Property Price - NE42

    £203,516

    13

    National percentile

    Average Net Household Income - NE42

    £37,287

    45

    National percentile

    10-Year Annualised Price Growth - NE42

    1.7%

    6

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE42

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