113 Lobley Hill Road

    113, LOBLEY HILL ROAD, GATESHEAD, NE8 4XB

    This flat/maisonette leasehold property on Lobley Hill Road last sold in October 2023 for £55,250. Based on price growth in the NE8 district since then, its estimated current value is £57,534 — placing it in the 0th percentile nationally and the 5th percentile within NE8. The property covers 60 m² (646 sq ft), giving an estimated value of £959 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £55,250

    Oct 2023

    Estimated Valuation

    £57,534

    Est. £/sq ft

    £89/sq ft

    £959/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area646 sq ft (60 m²)
    EPC dateNov 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Oct 2023

    £55,250

    27 Oct 2006

    £82,000

    9 May 1997

    £26,500

    Key Metrics

    Estimated valuation£57,534
    Value per sq ft / m²£89/sq ft (£959/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile5th percentile
    National percentile0th percentile

    District Context — NE8

    NE8 covers Gateshead and surrounding areas in Tyne and Wear, situated south of the River Tyne in the North East. It is a primarily working-class and lower-middle-income area with a significant rental market and strong community character.

    Average Property Price - NE8

    £157,635

    4

    National percentile

    Average Net Household Income - NE8

    £31,485

    12

    National percentile

    10-Year Annualised Price Growth - NE8

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE8

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