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Well Lane

Well Lane

Last update: Sep 2024

Street Overview

of Well Lane

Well Lane, Gateshead, NE9 is a residential street which is the 196th longest street in the NE9 area.

It contains 8 residential addresses consisting of 1 house and 7 flats and the most common type of property is a modern flat built after 1980.

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Average property prices

in Well Lane, Gateshead, NE9

The average house value is £193,891. Sales values have increased in the last 12 months by 3.0% and Rental values have increased by 10.0%.

Property sale values range from £159,897 for a leasehold flat, with 2 bedrooms split across 639 square feet of gross internal area and has no outside space to £421,835 for a freehold house, with 5 bedrooms split across 3,326 square feet of gross internal area and has a garden.

Average £/ft2 for properties in Well Lane, Gateshead, NE9 is £206/ft2.

Properties achieve a rental yield of between 5.2% and 6.7%, and rental values range from £896 to £1,843 per month.

Sale value change
12 months
3.0%
Rental value change
12 months
10.0%
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Recent sales

within Well Lane, Gateshead, NE9

The last sale was 03 Nov 2023 for £195,000 and since then the market in the area has increased by 6.2%. The street has had a total of 4 sales since 1995.

Well Lane, Gateshead, NE9 has seen 1 sale in the last three years and 1 sale in the last twelve months.

£195,000
Nov-2023
Sold
£135,000
Jul-2016
Sold
£128,000
Oct-2015
Sold
£182,000
Jun-2013
Sold
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Nearby Streets

to Well Lane, Gateshead, NE9

Well Lane, Gateshead, NE9 is the 196th largest and the 824th most expensive street in the NE9 area.

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Postcodes

on Well Lane, Gateshead, NE9

There are 2 postcodes on Well Lane, Gateshead, NE9.

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Property types

in Well Lane, Gateshead, NE9

Well Lane, Gateshead, NE9 is a residential street located in NE9 containing 1 house and 7 flats.

The most common property type on Well Lane, Gateshead, NE9 is a modern flat built after 1980.

modern flat (7)
modern house (1)
Energy Efficiency

Energy Efficiency

of properties within Well Lane, Gateshead, NE9

The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.

A (0)
E (0)
B (3)
F (0)
C (5)
G (0)
D (0)
No EPC (0)
Schools nearby

Schools nearby

to Well Lane, Gateshead, NE9

The nearest primary school to Well Lane, Gateshead, NE9 is Kells Lane Primary School which is 300 metres away and is rated Good by Ofsted.
300 m
Kells Lane Primary School
Good
600 m
Oakfield Junior School - Part of Oakfield Schools Federation
Good
700 m
Oakfield Infant School - Part of Oakfield Schools Federation
Requires improvement
The nearest secondary school is Grace College which is 700 metres away and is rated RequiresImprovement by Ofsted.
700 m
Grace College
Requires improvement
1.7 km
Cardinal Hume Catholic School, Gateshead
Outstanding
3.4 km
Heworth Grange School
Requires improvement
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to Well Lane, Gateshead, NE9

The closest station to Well Lane, Gateshead, NE9 is Dunston station which is 3.2 kilometres away.

3.2 km
Dunston
3.4 km
Heworth
4.0 km
Newcastle
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