116 Kells Lane

    116, KELLS LANE, GATESHEAD, NE9 5HY

    This flat/maisonette leasehold property on Kells Lane last sold in March 2021 for £88,000. Based on price growth in the NE9 district since then, its estimated current value is £84,961 — placing it in the 2nd percentile nationally and the 7th percentile within NE9. The property covers 66 m² (710 sq ft), giving an estimated value of £1,287 per m². The EPC rating is E, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £88,000

    Mar 2021

    Estimated Valuation

    £84,961

    Est. £/sq ft

    £120/sq ft

    £1,287/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area710 sq ft (66 m²)
    EPC dateOct 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Mar 2021

    £88,000

    15 Oct 1999

    £38,500

    24 Mar 1997

    £24,500

    Key Metrics

    Estimated valuation£84,961
    Value per sq ft / m²£120/sq ft (£1,287/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile7th percentile
    National percentile2nd 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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