5 The Warehouse Well Lane

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

    This flat/maisonette leasehold property on Well Lane last sold in November 2023 for £195,000. Based on price growth in the NE9 district since then, its estimated current value is £195,674 — placing it in the 23rd percentile nationally and the 49th percentile within NE9. The property covers 91 m² (980 sq ft), giving an estimated value of £2,150 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £195,000

    Nov 2023

    Estimated Valuation

    £195,674

    Est. £/sq ft

    £200/sq ft

    £2,150/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area980 sq ft (91 m²)
    EPC dateMar 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Nov 2023

    £195,000

    7 Jun 2013

    £182,000

    20 Feb 2009

    New build

    £192,000

    Key Metrics

    Estimated valuation£195,674
    Value per sq ft / m²£200/sq ft (£2,150/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile49th percentile
    National percentile23rd 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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