229 Kells Lane

    229, KELLS LANE, GATESHEAD, NE9 5HT

    This terraced freehold property on Kells Lane last sold in January 2021 for £555,000. Based on price growth in the NE9 district since then, its estimated current value is £580,774 — placing it in the 85th percentile nationally and the 98th percentile within NE9. The property covers 284 m² (3,057 sq ft), giving an estimated value of £2,045 per m². The EPC rating is F, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    3,057 sq ft

    284 m²

    Last Sale Price

    £555,000

    Jan 2021

    Estimated Valuation

    £580,774

    Est. £/sq ft

    £190/sq ft

    £2,045/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialC
    Floor area3,057 sq ft (284 m²)
    EPC dateSept 2015
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas, Boiler and radiators, mains gas

    Transaction History

    22 Jan 2021

    £555,000

    Key Metrics

    Estimated valuation£580,774
    Value per sq ft / m²£190/sq ft (£2,045/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile98th percentile
    National percentile85th percentile

    District Context — NE9

    NE9 covers Gateshead and surrounding areas in Tyne and Wear, south of the River Tyne. It is a mixed residential district with a blend of urban and suburban character, offering good transport links and community amenities.

    Average Property Price - NE9

    £217,116

    17

    National percentile

    Average Net Household Income - NE9

    £34,891

    31

    National percentile

    10-Year Annualised Price Growth - NE9

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE9

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