2 The Warehouse Well Lane

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

    This flat/maisonette leasehold property on Well Lane last sold in October 2015 for £128,000. Based on price growth in the NE9 district since then, its estimated current value is £126,922 — placing it in the 8th percentile nationally and the 24th percentile within NE9. The property covers 60 m² (646 sq ft), giving an estimated value of £2,115 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £128,000

    Oct 2015

    Estimated Valuation

    £126,922

    Est. £/sq ft

    £196/sq ft

    £2,115/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area646 sq ft (60 m²)
    EPC dateDec 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Oct 2015

    £128,000

    23 Dec 2011

    £121,750

    8 Jul 2009

    £115,500

    Key Metrics

    Estimated valuation£126,922
    Value per sq ft / m²£196/sq ft (£2,115/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile24th percentile
    National percentile8th 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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