127 Lobley Hill Road

    127, LOBLEY HILL ROAD, GATESHEAD, NE8 4XB

    This flat/maisonette leasehold property on Lobley Hill Road last sold in September 2024 for £76,000. Based on price growth in the NE8 district since then, its estimated current value is £79,678 — placing it in the 2nd percentile nationally and the 17th percentile within NE8. The property covers 62 m² (667 sq ft), giving an estimated value of £1,285 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £76,000

    Sept 2024

    Estimated Valuation

    £79,678

    Est. £/sq ft

    £119/sq ft

    £1,285/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area667 sq ft (62 m²)
    EPC dateApr 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Sept 2024

    £76,000

    3 May 2005

    £60,000

    Key Metrics

    Estimated valuation£79,678
    Value per sq ft / m²£119/sq ft (£1,285/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile17th percentile
    National percentile2nd 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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