3 The Warehouse Well Lane

    3 THE WAREHOUSE, WELL LANE, GATESHEAD, GATESHEAD, NE9 6JW

    This flat/maisonette leasehold property on Well Lane last sold in February 2009 for £210,000. Based on price growth in the NE9 district since then, its estimated current value is £248,226 — placing it in the 37th percentile nationally and the 67th percentile within NE9. The property covers 89 m² (958 sq ft), giving an estimated value of £2,789 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £210,000

    Feb 2009

    Estimated Valuation

    £248,226

    Est. £/sq ft

    £259/sq ft

    £2,789/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area958 sq ft (89 m²)
    EPC dateOct 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Feb 2009

    New build

    £210,000

    Key Metrics

    Estimated valuation£248,226
    Value per sq ft / m²£259/sq ft (£2,789/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile67th percentile
    National percentile37th 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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